8701 Lake Avenue, Cleveland, OH 44102
- $199,000
- 6
- BD
- 2
- BA
- List Price
- $199,000
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5187243
- Year Built
- 1900
- Price Change
- ▼ $30,000 1774565308
- Bedrooms
- 6
- Bathrooms
- 2
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Davis & Grombachers
Property Description
Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail. Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at $229,000
Additional Information
- Taxes
- $4,914
- Acres
- 0.10
- Sewer
- Public Sewer
- Roof
- Flat
- Water
- Public
- Heating
- Gas
- Cooling
- None
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Kal Alnazer, kalnazer@sbcglobal.net With 2000 Professional Realty
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