SOLD - four unit rental property - 2536-2538 Cheshire Road, Shaker Heights 441
Updated: Jul 9
Unique, rarely found Shaker Heights four unit property located within the Larchmere cultural arts district. Low rents due to long-term tenants. In the event the new owner decides not to present a lease to the current tenants, the tenants have the understanding they are to be given a 60 DAY NOTICE commencing after title transfer. Three of the four units are currently occupied, with the fourth unit currently being offered for rent in the MLS (this unit recently updated). Third floor has much potential. Individual one car garage space available for each tenant. There are four individual furnaces, hot water tanks, electrical panels and gas meters. Roof estimated to be +/- 10 years old. Property will be in compliance (inspection will be scheduled shortly). Seller will not make repairs other than the POS inspection.