Barbara Calzola
REALTOR®
MLS#5235006
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONWilloughby Euclid Ave Sub13
SCHOOLWilloughby-Eastlake - 4309
Property Description
Fantastic opportunity for the savvy investor. Grab this 5 unit, fully rented apartment complex that yields a great return of roughly 10% cap. Each of the 5 units features 1 bedroom, living room, kitchen, and a full basement. They each have a front and back entrance with the exception of one unit. Parking is plentiful. They all pay roughly $1,400 per month rent, plus they pay an extra $200 each to cover utilities. Current seller pays all the utilities for the building. Gross income is roughly $96,000 per year, with expenses as follows: utilities $12,000. Maintenance $6,000. Insurance $5,000. Taxes $6,464 with a net of $66,536. Pictures of 4 of the units included in the listing. Unit 22 tenant is in his 16th month and would like to stay. #24 is approaching 4th year there. #26 just signed a 12 month lease. #28 is in their 3rd year. #30 is in their 7th month on a 12 month lease. There will one showing day, Monday, as to not bother the tenants too much. Electric panel boxes, HVAC and water tanks are similar in all units. One has a newer water tank.
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Full
Cooling: Wall Unit(s)
Heating: Forced Air, Gas
Lot Size: 0.47 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,464 / year
Year Built: 1961
Feature Descriptions
Parcel#: 27-A-018-0-00-003-0
Parking: Additional Parking, Common
Sewer: Public Sewer
Water: Public
Local Schools
School District: Willoughby-Eastlake - 4309
Listed By / Shown By
Listed By
Agency Name: The Agency Cleveland Northcoast
Agency Contact: mary.markulis@theagencyre.com, 330-618-2118
Shown By
Agent Name: Barbara Calzola
Agent Phone: (330) 497-6199 ext. 428
Agency Title: DeHOFF REALTORS
Barbara Calzola
Office: (330) 497-6199 ext. 428
Cell: (330) 705-9702
Voice Mail: (330) 705-9702
Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/16/2026. The listing information on this page last changed on 08/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 08/16/2026 12:34:04 AM EST) or MLS NOW (last updated Sun 08/16/2026 12:17:32 AM EST). Real estate listings held by brokerage firms other than DeHOFF REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing data compilation and photo(s) © 2026 - Multiple Listing Service, Inc. – All Rights Reserved
The photos may be altered, edited, enhanced or virtually staged.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
37822 Euclid Avenue | MLS# 5235006
This commercial property located at 37822 Euclid Avenue , Willoughby, OH 44094 is currently listed for sale with an asking price of $650,000. Euclid Avenue is located within the Willoughby-Eastlake - 4309 school district. Search Willoughby real estate on bcalzola.dehoff.com today.