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$ 314,900
Est. payment | /mo
5,828 Sqft Lot
$ 314,900
Est. payment | /mo
5,828 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Rice Homes
MLS Listing ID 5049417
HOA Y/N No
Year Built 1916
Annual Tax Amount $2,482
Tax Year 2023
Lot Size 5,828 Sqft
Acres 0.1338
Property Description
Incredible opportunity in a great location in Cleveland! This large brick building has over 5,900 sqft in total! The property offers 2 retail storefronts and 6 apartments! One of the storefronts is vacant and the other is renting for $300 per month and has been rented out for 10 years! The vacant storefront is perfect for retail space such as a vape shop or cell phone business! There are a total of 6 apartments! 3 apartments are 2 bedrooms and 1 full bathroom, and the other 3 units are 1 bedroom and 1 full bathroom! Two of the 2-bedroom units are currently occupied: one with a cash tenant renting for $725 per month and the other renting for $650 per month. The 3rd 2-bedroom unit is currently vacant with an approved tenant awaiting final rental determination. All 3 of the 1-bedroom units are occupied renting for $650 per month! The electrical has been updated, completely rewired with a hardwired smoke detector and CO detector! There are new breaker panels in all units. The windows have been updated as well! There are separate furnaces, electrical panels and hot water tanks for each unit! There is also rear parking. Laundry hookups are on site, but laundry is not currently being provided. With easy highway access, this is near food, shopping and public transit! Don't miss out on this amazing opportunity to build your investment portfolio!
Location
State OH
County Cuyahoga
Rooms
Basement None
Interior
Heating Hot Water, Steam
Cooling None
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 129-18-006
Acceptable Financing Other
Listing Terms Other
Listed by Michael Azzam • RE/MAX Haven Realty • mike@theazzamgroup.com 216-232-2187
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