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$ 359,900
Est. payment | /mo
0.37 Acres Lot
$ 359,900
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Collamer 01
MLS Listing ID 5096982
HOA Y/N No
Year Built 1926
Annual Tax Amount $6,982
Tax Year 2024
Lot Size 0.366 Acres
Acres 0.3657
Property Description
Fantastic opportunity to own a huge retail building with walk-up apartments in East Cleveland. Close to public transit University Circle, Cleveland Clinic and University Hospital. The building features Six store fronts right on Euclid with lots of traffic. Six apartments above storefronts with individual access, seven apartments on Rosedale with back of building access. Six two-bedroom one bath, six one bedroom one bath, one three-bedroom two baths. There i parking in the back of the building and off street parking. Currently, all the store fronts are vacant and ready for upgrade. Potential income of $1000 each unit. Two rental units occupied by tenants, at $400 dollars a month. One has been there 35 years. All other units needs renovation. Potential income of $700 for the one bedroom and $850-$950 for the two bedroom units and $1200 for the three bedroom. Bring a contractor on walk through. There is a current estimate for full renovation. Come check this out! Once at full occupancy at this price, absolute cash cow. Property BEING SOLD AS IS.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Partially Finished
Interior
Heating Forced Air, Hot Water, Steam
Fireplace No
Exterior
Water Access Desc Public
Roof Type Asphalt
Present Use Commercial,Multi-Family
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 673-03-049
Listed by Patrina C Stone • Prettyman & Associates • 2162143792 pstone@prettyman-associates.com
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