Incredible investment opportunity in desirable Cleveland Heights! CAP RATE 14% - WOW! Well maintained 11 unit brick mixed use building raking in income. 5 commercial units and 6 residential made up of 3 - 1 bedroom units and 3 - 2 bedroom units. 100% occupied! Great opportunity for investors to… Read More add to their portfolio, or first time investors to take advantage of the lucrative cash flow. Current gross rent is at $8,925 per month, ($107,100 annually)! Located in a desirable and growing area with easy access to public transportation and major highways. The neighborhood offers a variety of dining, shopping, and entertainment options, making it an attractive location for tenants. Recently appraised at $630,000, providing $80,000 in equity from day 1! Overall, this is an excellent investment opportunity with great potential for income and appreciation. Don't miss your chance to own this fantastic property in a desirable location! Priced to sell! Hurry this will not last long! Contact agent for income/expenses. Read Less
Courtesy of RE/MAX Above & Beyond and Armani Adames
Listing Snapshot
Days Online
4
Last Updated
Property Type
Retail
Square Ft.
13,851
Lot Size
0.36 Acres
Year Built
1915
MLS Number
5185554
Additional Details
Basement
Full
Building
Built in 1915, Building area units: SquareFeet, Living area units: SquareFeet, 1 building, Toal building area: 13851
Expenses
Water sewer : $5,100
Heating
ForcedAir
Lot
0.36 acres
Parking
16 total parkings
Roof
Flat
Sewer
PublicSewer
Taxes
Year: 2025
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