$235,000

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5432 State Road Parma, OH, United States 44134

Introducing a rare investment opportunity in a thriving community! This mixed-use property in Parma features a hair and nail salon on the ground floor, along with a spacious three-bedroom apartment above. This unique property combines the benefits of a stable commercial tenant with the potential for reliable residential rental income. The recently renovated hair and nail salon has just signed a two-year lease ($1200 a month), ensuring a consistent income stream for the new owner. The attractive storefront and prime location offer excellent visibility and foot traffic, contributing to the ongoing success of the business. The second floor is home to a beautifully maintained three-bedroom apartment, providing ample space and modern amenities for tenants and recently updated through out. With a spacious living area, well-appointed kitchen, and generous bedrooms, this apartment offers comfortable living in a convenient location. Investors seeking a diversified revenue stream and a prime location in a bustling neighborhood. Take advantage of the stable commercial tenant, the updated residential unit, and the property's excellent visibility to secure a strong return on your investment.

Amenities

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Year Built: 1930
  • Built in 1930
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 5167940
  • Status: Active
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Russell Real Estate Services

(800) 556-6530

Get more listing details on brokerage site

Presented by Chris Kilbane

  • (440) 572-3100
  • (440) 572-3100 (Office Phone)

Contact Chris Kilbane

Contact Agent

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