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Key Details
Sold Price $805,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Westminster Homes Inc Mandalay
MLS Listing ID 5137920
Sold Date 08/25/25
HOA Y/N No
Year Built 1960
Annual Tax Amount $17,464
Tax Year 2024
Lot Size 0.489 Acres
Acres 0.4888
Property Sub-Type Apartment
Property Description
Introducing 6608 Mandalay Dr to the market, An all Brick 11 unit Apartment Building in Parma Heights . Built 1960, 6-1 Bedroom Units and 5- 2 bedroom. Currently at 100% occupancy. Each unit is separately sub metered gas and electric. Ages of furnaces vary. Coin operated laundry and storage facilities in the basement common area. Tenants pay their own electric and gas, water/sewer currently covered by the owner. Under professional property management. Gable Roof. 11 car brick and block garage for off street parking with additional off street parking. Coin operated laundry. Storage units in the common area basement. With cosmetic updates and rent increases, you could significantly boost the already strong returns. Don't miss your chance to transform this portfolio and unlock serious profits!
Location
State OH
County Cuyahoga
Rooms
Basement Partial, Unfinished
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Assigned, Driveway, Indoor, Paved
Fence Chain Link
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Total Parking Spaces 17
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Parma Csd - 1824
Others
Tax ID 473-17-029
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Michael L Anter • JAMM Real Estate Co.
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