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8701 Lake Avenue
Cleveland, OH 44102

$199,000 - Status: Active
MLS# 5187243

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

Property Features

MLS#: 5187243
Zip: 44102
Subdivision: Davis & Grombachers
Development: Cleveland
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: None
Days on Site: 64
Heating: Gas
Lot Size: 0.10 acres
Roof Type: Flat
Stories: 2.0
Taxes: $4,914 / year
Year Built: 1900

Feature Descriptions

Exterior: Vinyl Siding
Laundry: Inside
Parcel#: 001-09-079
Parking: Off Street
Sewer: Public Sewer
Water: Public
Window: Aluminum Frames

Local Schools

School District: Cleveland Municipal - 1809

8701 Lake Avenue | MLS# 5187243

This multi-family property located at 8701 Lake Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $199,000. Lake Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: 2000 Professional Realty
Agency Contact: kalnazer@sbcglobal.net, 216-650-2242

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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