9714-9716 Lorain Avenue, Cleveland, OH 44102

$107,500

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Sold Price
$107,500
List Price
$90,000
Status
CLOSED
Days on Market
124
Closing Date
Jan 15, 2025
MLS#
5069994
Subtype
Commercial Sale
Foreclosure
Yes
Year Built
1920
Acres
0.13
Subdivision
H H Pounds
Neighborhood
H H Pounds
MLS Area Major
Cleveland

Property Description

Mixed-use investment opportunity located in the West Boulevard neighborhood of Cleveland. This 6,046 SF building features two (2) separately demised storefront retail spaces directly on Lorain Ave and four (4) residential units above the storefront retail. The residential unit mix consists of two (2) one-bed/one-bath units and two (2) efficiency units. Three of the four residential units are currently occupied presenting investors with immediate rental income as well as a value-add opportunity to lease out the vacancy and increase existing rents. The property offers off street parking.

Additional Information

Taxes
$3,863
Heating
Other
School District
Cleveland Municipal - 1809

Listing Courtesy of: Jeffrey S Lane, julie@prodigyprop.com With Prodigy Properties

Selling Office: Non-Member.

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