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8701 Lake Avenue, Cleveland, OH 44102 Photo
8701 Lake Avenue, Cleveland, OH 44102 Photo
8701 Lake Avenue, Cleveland, OH 44102 Photo

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8701 Lake Avenue Cleveland, OH 44102
$199,000
Active / MLS# 5187243 / Multi Unit - Multiple / Cleveland
6 Beds
2 Baths

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

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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 909.76 per month $442.22 Principal & Interest $409.50 Property Tax $58.04 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: None
Heating: Gas
Lot Size: 0.10 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $4,914 / year
Year Built: 1900

Feature Descriptions

Days on Site: 44
Exterior: Vinyl Siding
Laundry: Inside
Parcel#: 001-09-079
Parking: Off Street
Sewer: Public Sewer
Water: Public
Window: Aluminum Frames

Schools

School District: Cleveland Municipal - 1809

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

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

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