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10018 Lorain Avenue

Cleveland, OH 44111
  • $300,000
  • STATUS: Pending
  • ON SITE: 25 Days
  • MLS #: 4422534
Pending
UPDATED: 70 min ago
$300,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,056
    SQFT
  • $30
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Listing courtesy of Russell Real Estate Services.
Listing information © 2022 YES-MLS.

Description

Looking for Cash Flow? 10018 Lorain Avenue a Brick 7 Unit Building, that consists of 4 Apartments upstairs and 3 Retail spaces on the first floor. Potential of $6,000 a month in estimated gross income (Air BnB could raise this). This property has potential 10%+ cap rate and a possible 20% cash on cash return on investment. All units are separately metered for gas and electric. This building has endless potential, owner vacated all units for a new owner to rent as they please and their own. Owner was utilizing two retail units for their own store. Make an appointment today.

Monthly Payment Calculator

Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Holden Agency are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-12-07T22:08:31.337.
www.theholdenagencyre.com/homes/134713649
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10018 Lorain Avenue Cleveland, OH 44111

  • Price: $300,000
  • Status: Pending
  • On Site: 25 Days
  • Updated: 70 min ago
  • MLS #: 4422534
0
Beds
0
Baths
0
½ Baths
0.2
Acres
10,056
SQFT
$30
$/SQFT
1920
Built
Neighborhood:
Wensink
County:
Cuyahoga
Area:
Cle Between West Blvd & W 140th
Property Description
Looking for Cash Flow? 10018 Lorain Avenue a Brick 7 Unit Building, that consists of 4 Apartments upstairs and 3 Retail spaces on the first floor. Potential of $6,000 a month in estimated gross income (Air BnB could raise this). This property has potential 10%+ cap rate and a possible 20% cash on cash return on investment. All units are separately metered for gas and electric. This building has endless potential, owner vacated all units for a new owner to rent as they please and their own. Owner was utilizing two retail units for their own store. Make an appointment today.
Exterior Features

Fencing Privacy Levels Two Parking Features On SiteOutsidePrivate Roof RubberSlate

Interior Features

Basement Full Basement YN Yes Building Area Total 10056 Heating Forced AirGas Heating YN Yes

Property Features

Above Grade Finished Area 10056 Lease Considered YN No Listing Terms CashConventionalOwner Will Carry Owner Pays SewerTrash CollectionWater Property Sub Type Mixed Use Sewer Public Sewer Tenant Pays ElectricityGasHeat Township Cleveland Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Russell Real Estate Services: (440) 572-3100.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Holden Agency are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-12-07T22:08:31.337.
 
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The Holden Agency
28 Park Ave West
Mansfield OH, 44902
Listing courtesy of Russell Real Estate Services.
Listing information © 2022 YES-MLS.