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$399,000
Est. payment /mo
7,095 Sqft Lot
UPDATED:
10/29/2024 02:53 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision A G Frisbies Warner Road
MLS Listing ID 5070668
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,076
Tax Year 2023
Contingent Inspections
Lot Size 7,095 Sqft
Acres 0.1629
Property Description
Become a REAL ESTATE INVESTOR overnight! This 8 Unit Warner Road Mixed Use / Apartments located in Cleveland’s Broadway-Slavic Village Neighborhood is a must see. Located near Interstates 71 and 480, blocks away from the Cleveland Metroparks Mill Creek Falls (48ft tall waterfall) in the Garfield Reservation, a short 10 minute commute to Downtown, all major hospitals, RTA Public transportation is also readily available. The building consists of 6- One Bedroom, One Bathroom Suites (approx. 550 sq/ft) and 2- Commercial / Retail Suites (approx. 500 sq/ft) that are being renovated into efficiency units. Each unit has appliances, furnace, hot water tank. The two story, all brick with vinyl siding commercial facade, is approx. 4,840 sq/ft. built in 1920 and located on .16 Acres. Recently Fully Renovated with new Furnaces and HVAC; New Kitchens and Cabinets; Bathrooms; Flooring throughout; Windows; & Doors; Roof Patched and Repaired; New Hot Water Tank and all walls painted throughout;. Utilities Sub metered (Individual Gas Furnace and new Hot Water Tank Heat for each unit) and Electric (Lights and Plugs). Currently 62.25% Occupied (5/8). Lead Safe Program complaint. Outstanding Turn-Key Investment with no deferred maintenance and needing very little management. A rear surface parking lot provides approx. 6 parking spaces. Run the numbers this is a GREAT DEAL!!! Schedule your Private SHOWING NOW!!
Location
State OH
County Cuyahoga
Interior
Heating Gas
Fireplace No
Exterior
Waterfront No
Water Access Desc Public
Present Use Mixed Use
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 134-19-027
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jermaine N Brooks • Keller Williams Greater Metropolitan • jermainebrooks@kw.com 216-224-4326