$449,000

11204 Lorain Avenue, Cleveland, OH 44111

Commercial Property
Built in 1923
3,772sqft lot
—— car garage
$——/sqft
Listed 7 months ago

Property Description

Excellent investment opportunity! Nearly full occupied (one unit intentionally kept vacant for showing purposes). Building has two storefront that are fully occupied with long-term tenants and two apartment both with two bedrooms and 1 bathroom. Many updates to the building has been completed including new roof and tune up, newer windows, electrical, plumbing, gutter filter system installed, HWTs replaced, bathroom updates, newer doors & locks, air vent plumbing, paint, and much more. Both apartments recently fully renovated. Current gross monthly rent $2,910 / month; that is with one vacancy. Fully occupied, gross rent will exceed $4,000 / month.

Listing Status:: Active
Listing Office:: Russell Real Estate Services : 440-835-8300
Listing Agent:: Hamzah A Najar : (216) 406-3186
MLS ID:: 5112403

Basement: UnfinishedWalk-Up AccessWalk-Out Access
A/C: None
Heating: Forced Air

Parking: ConcreteDrivewayDetachedGarageOn StreetParking spaces: 2

Roofing: Flat
General: 2Basement

Originating MLS: NOWDD
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 6 LORHTS S/L 237 EP 0236 ALL005-11-035
Fencing: Back YardWood
Current Use: ResidentialRetail

Water: Public
Sewer: Public Sewer

Source: NOWDD

This listing courtesy of Hamzah A Najar, Russell Real Estate Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Wilbur Wright School

11005 Parkhurst Dr, Cleveland, OH, 44111

Grades PK-8

0.23 miles away

Wilbur Wright School

11005 Parkhurst Dr, Cleveland, OH, 44111

Grades PK-8

0.23 miles away

The School of One

3575 W 130th St, Cleveland, OH, 44111

Grades 9-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.