Vision Sales Team

8701 Lake Avenue

Cleveland , OH 44102

MLS#: 5187243

$229,000

Status: Active
Listing number: 5187243
Listing provided by: 2000 Professional Realty
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Davis & Grombachers - Residential Income

Property

Beds

6

Full Baths

2

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

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

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    2

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Off Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.0956

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $229,000

  • Tax Amount

    $4,914

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Kal Alnazer , 2000 Professional Realty

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Agent Bev Daugherty

AGENT

Bev Daugherty

Call Bev today to schedule a private showing.

(330) 256-4306

Bev@VisionSalesTeam.com


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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

8701 Lake Avenue

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