1541 Addison Road, Cleveland, OH 44103

$285,000

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Sold Price
$285,000
List Price
$305,000
Status
CLOSED
Days on Market
75
Closing Date
Sep 30, 2024
MLS#
5054713
Subtype
Commercial Sale
Year Built
1913
Acres
0.08
Subdivision
Emily G Corys Proposed Sub
Neighborhood
Emily G Corys Proposed Sub
MLS Area Major
Cleveland

Property Description

Incredible opportunity for any rental portfolio! This large brick building offers 2 street-level store front units and 6 apartments! Both storefronts are being leased! One space is a beautify salon renting for $675 per month and the other is a market renting for $650 per month. All 6 apartment units have 1 bedroom and 1 bathroom and are all tenant occupied! 5 of the apartments are renting for $560 per month and one is renting for $650 per month! 1 unit is currently under eviction. With easy highway access, this is near food, shopping and public transit. Great opportunity with this fully occupied property! Reach out to learn more!

Additional Information

Taxes
$2,160
Heating
Forced Air
Air Conditioning
None
School District
Cleveland Municipal - 1809

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

Selling Office: Berkshire Hathaway HomeServices Stouffer Realty.

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