6608 Mandalay Drive, Parma Heights, OH 44130
- $805,000
- Sold Price
- $805,000
- List Price
- $799,000
- Status
- CLOSED
- Days on Market
- 46
- Closing Date
- Aug 25, 2025
- MLS#
- 5137920
- Subtype
- Commercial Sale
- Year Built
- 1960
- Acres
- 0.49
- Subdivision
- Westminster Homes Inc Mandalay
- Neighborhood
- Westminster Homes Inc Mandalay
- MLS Area Major
- Parma Heights
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!
Additional Information
- Taxes
- $17,464
- Zoning
- Commercial
- Heating
- Forced Air, Gas
- Air Conditioning
- Window Unit(s)
- Roof
- Asphalt, Fiberglass
- Parking Features
- Assigned, Driveway, Indoor, Paved
- School District
- Parma CSD - 1824
Listing Courtesy of: Michael L Anter, michaelanter22@gmail.com With JAMM Real Estate Co.
Selling Office: JAMM Real Estate Co..Mortgage Calculator
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