Sheffield Real Estate

Sheffield Real Estate

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Sheffield and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

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Newest Listings in Sheffield

$252,900
2 Beds 2 Baths 5242096 MLS
Tucked away in a desired location in Sheffield Village is a peaceful little cul de sac neighborhood that offers the best of both worlds! Peace and quiet and also close to shopping, restaurants and easy access to the highway for ease in commutes. Step inside this beautiful, open concept condo and you will feel right at home. Fall nights are coming soon so be prepared to cozy up by the fireplace or watch the trees change colors from the view of your 4 season room. Enjoy your primary bedroom with its two walk-in closets and private bath. This en suite also includes a shower, relaxing jetted tub and double vanity sink. Set the 2nd bedroom up for guests or as an office/den/playroom- whatever works for your life! The fully remodeled kitchen with its breakfast bar is centrally located so that the cook is always involved with the rest of the party while entertaining! All appliances stay! Including the washer and dryer! Another bonus with this condo is the attached garage and access from the home.Such a convenient addition! Seller also had custom cabinets installed in the garage so room for more storage! This home is the perfect size! Large enough for personal space and yet small enough for easy upkeep! Exterior maintenance, landscaping and snow removal will not be your worry anymore with this great condo! Call today or have your favorite realtor set up your personal tour!

5243 Parkhurst Drive, Sheffield

Listing Courtesy of: Julie A Clark, julieandcalclark@gmail.com With Russell Real Estate Services

$3,975,000
5215074 MLS
48 fully renovated units in Sheffield Lake, two buildings side by side, 100% occupied, priced at $3,975,000. That is $82,813 a door. In an operator's hands this stabilizes to a 7.4% cap on about $294,000 of NOI, with a clear path higher as rents reach market. The building is 100% occupied with a waitlist of tenants trying to get in, and rents sit about $130 a door under market. You do not need a renovation or a repositioning to hit pro forma. Re-rent at market on natural turnover and the income climbs on its own, up to about $368,000 in NOI, a 9.26% cap. All 48 units are done, shaker cabinets, granite, stainless, updated flooring, the whole nine yards. No gut job waiting for you. The buildings went up in 1972 and show well across 33,400 square feet. Tenants pay their own electric. Ownership covers heat, water and sewer, and trash, which is exactly where a sharp manager finds margin. On-site laundry and other income add about $35,000 a year on top of rent. The Ford Ohio Assembly Plant sits partly inside the town's own borders, and Ford is partway through a $1.5 billion expansion there set to add 1,800 jobs. Add a lakefront setting on Lake Erie about 17 miles west of downtown Cleveland, same shoreline as Avon Lake, and you have durable tenant demand parked next door. That is why these buildings stay full with a line out the door. Clean, easy buildings to run at a basis that does not come around often. Reach out and I will get you the full financials and rent roll.

5216 E Lake Road, Sheffield

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

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