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$449,900
Est. payment /mo
0.33 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Bregenzer & Moses Sub
MLS Listing ID 5114865
HOA Y/N No
Year Built 1924
Annual Tax Amount $3,944
Tax Year 2024
Lot Size 0.331 Acres
Acres 0.3307
Property Sub-Type Mixed Use
Property Description
Unlock the potential of this versatile mixed-use property featuring a dynamic blend of commercial and residential spaces in a high-demand location. The property includes: 3 commercial units – One fully renovated and lease-ready, ideal for retail, office, or service-based tenants. 6 residential apartments – Comprised of 4 one-bedroom units and 2 two-bedroom units, 5 of which have been recently renovated with modern finishes. Shared living space – A unique 7-bedroom, 2-bathroom communal unit with a full kitchen, perfect for co-living, student housing, or transitional housing. Current status: Two residential units are leased, providing immediate income. One unit is operating as an Airbnb, offering short-term rental income flexibility. Whether you're an investor looking for a high-yield asset or a developer seeking value-add opportunities, this property offers strong income potential, a diverse tenant mix, and updated interiors that minimize upfront improvement costs. Don't miss your chance to own a multi-faceted property in a growing area!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Flat
Present Use Multi-Family
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 116-31-001
Special Listing Condition Standard
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Listed by Jermaine R Burge • Keller Williams Greater Metropolitan • jburge@kw.com 216-215-5727