2335 W 11th Street, Cleveland, OH 44113

$340,000

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Sold Price
$340,000
List Price
$375,000
Status
CLOSED
Days on Market
115
Closing Date
Sep 23, 2024
MLS#
5042554
Subtype
Commercial Sale
Year Built
1900
Acres
0.02
Subdivision
Lemko Hall Condos
Neighborhood
Lemko Hall Condos
MLS Area Major
Cleveland

Property Description

Wow, when opportunity knocks, go for it! A done for you, turn-key, versatile 3-unit property nestled in the heart of Tremont! Offering a unique opportunity for investors or owner-occupiers alike. This property seamlessly combines commercial and residential spaces, making it stand out in the market. Endless possibilities of immediate income with this timeless beauty and historic classic. Commerical space #1 is currently being occupied as a bright and inviting vintage items storefront with large windows, ideal for showcasing products and services. Commercial space #2 is currently being occupied by an Esthetician Beauty Shop that has been thoughtfully designed and crafted, creating a warm comfortable feeling. Residential space in lower level is currently occupied until October of this year, generating great cash flow! Ample parking on street for customers! 1 parking garage space and additional parking lot for commercial space tenants. Whether you're looking to invest, run a business, or live in one unit while renting out the others, this property offers endless possibilities! Not to mention the close proximity of all the great restaurants, shops, parks, bars, NFL stadium, Rock n Roll Hall of Fame, the Lake, highly rated medical services, freeways and much more. Truly a great opportunity, you'd be proud to own! Currently netting $3,566 per month for rental income after expenses.

Additional Information

Taxes
$5,086
Zoning
Commercial
Heating
Forced Air
Air Conditioning
Central Air
Parking Features
Detached, Garage, Parking Lot, On Street
School District
Cleveland Municipal - 1809

Listing Courtesy of: Nina M Lefelhoc, ninalefelhoc@contactplatinum.com With Platinum Real Estate

Selling Office: Howard Hanna.

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