East Lakeshore Apartments

Great solid, brick, turnkey property. Walking distance to the new Waterloo Art's District and less than 10 minutes drive to the new 650,000-square-foot Amazon fulfillment center in Euclid. Historically high occupancy 8 unit building with currently one vacancy that may be filled prior to closing. Very strong rental area that is currently being redeveloped. Tenants pay electric and gas. Owner pays water and common electric for hallways and basement. Mechanicals are great in building. Currently 4 tenants are on guaranteed government rental programs where rents are sent directly to bank accounts, potential to increase rents dramatically by converting remaining 4 units to a government assisted rental program. No known deferred maintenance issues. 3 months rental and repair guarantee available on this building with full price offer.