$194,900
$199,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
6,395 SqFt
SOLD DATE : 06/15/2020
Key Details
Sold Price $194,900
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,395 sqft
Price per Sqft $30
Subdivision Schilling
MLS Listing ID 4173906
Sold Date 06/15/20
HOA Y/N No
Abv Grd Liv Area 6,395
Year Built 1968
Annual Tax Amount $4,893
Lot Size 8,311 Sqft
Acres 0.1908
Property Sub-Type Mixed Use
Property Description
Beautiful Edgewater property is ready to cashflow! Own a beautiful property in a developing market! 3 Residential units and 1 commercial unit. 2 of the residential units are rented, and the lower unit is rent ready with new hardwood floors, carpet and fresh paint. Commercial unit has been cleaned and original plan has been torn out for a light rebuild. Upstairs tenants are M2M, with room for a rent increase. Total stabilized rents should reach near $3,000 per month. Lower residential remodel (2019-2020). Roof (2019) Private parking with 5 spaces. Two occupied units to be photographed at later date. Units are in great condition.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway, Paved
Water Access Desc Public
Roof Type Flat
Total Parking Spaces 5
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 001-24-015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Valerie M Corrigan • Russell Real Estate Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "