Jessica Cline

15557 Lake Shore Boulevard
Cleveland, OH 44110

$399,900

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Listing Details

  • $399,900
  • MLS# 5217231
  • Type Commercial - Retail
  • Status Active
  • 0.148 acres
    Lot Size
  • 1900
    Year Built
  • Cleveland Municipal - 1809
    Local Schools

Home Value Estimate


Description

FULLY OCCUPIED Spacious mixed-use investment opportunity offering strong cash flow and long-term upside. This well-maintained property features three residential units and two commercial storefronts, creating a diversified income stream for investors seeking stability and growth. The residential component includes two 2-bedroom units and one 1-bedroom unit, while the commercial spaces provide additional income from established tenants. With current rents generating over $54,000 in gross annual income and an estimated 9% cap rate at the asking price, this property presents an attractive opportunity for both seasoned investors and those looking...read more

Features

  • Forced Air
  • $6,701 / year Taxes
  • Public
  • Built in 1900

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