REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by William Eilf • Keller Williams Cleveland
$ 3,250,000
Est. payment | /mo
22,320 SqFt
$ 3,250,000
Est. payment | /mo
22,320 SqFt
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 22,320 sqft
Price per Sqft $145
Subdivision Grant Havens Condominiums
MLS Listing ID 2710139
Year Built 1978
Annual Tax Amount $33,600
Lot Dimensions 196'X620'
Property Description
Introducing a prime investment opportunity in Northeast Cleveland, Tennessee: 24 two-bedroom condo apartments in a well-regarded residential area. This community benefits from its proximity to major employers like Whirlpool, Eaton Corp, Hardwick, and M&M Mars, contributing to Cleveland's ranking as the 5th Best Place in the U.S. for manufacturing careers. With new management at Grant Havens Condominiums, the property has been successfully stabilized, featuring numerous renovations and increased rental rates. This presents significant upside potential for investors, with the option to purchase the entire portfolio or select units.
Location
State TN
County Bradley County
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Mayfield Elementary
Middle Schools Cleveland Middle
High Schools Cleveland High