8701 Lake Avenue, Cleveland, OH 44102
- $199,000
- 6
- BD
- 2
- BA
- List Price
- $199,000
- Status
- ACTIVE
- Days on Market
- 169
- Price Change
- ▼ $30,000 1774565308
- MLS#
- 5187243
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 6
- Bathrooms
- 2
- Full Baths
- 2
- Acres
- 0.10
- Subdivision
- Davis & Grombachers
- Neighborhood
- Davis & Grombachers
- MLS Area Major
- Cleveland
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
- Heating
- Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Flat
- Foundation
- Block
- Parking Features
- Off Street
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Kal Alnazer, kalnazer@sbcglobal.net With 2000 Professional Realty
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