$650,000

Incredible investment opportunity in desirable Cleveland Heights! CAP RATE 11%! Well maintained 11 unit brick mixed use building raking in income. 5 commercial units and 6 residential made up of 3 - 1 bedroom units and 3 - 2 bedroom units. ONLY 1 VACANCY! Great opportunity for investors to add to their portfolio, or first time investors to take advantage of the lucrative cash flow. Located in a desirable and growing area with easy access to public transportation and major highways. The neighborhood offers a variety of dining, shopping, and entertainment options, making it an attractive location for tenants. Current gross rent is at $7,875. Vacant commercial unit has a potential of $1,300 putting income at over $9,000 monthly. Overall, this is an excellent investment opportunity with great potential for income and appreciation. Don't miss your chance to own this fantastic property in a desirable location! Hurry this will not last long! Contact agent for income/expenses.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1915
• Built in 1915
• Home size: 0 ft² / 0.00 m²
• MLS: 5156134
• Status: Active

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