4316 Pearl Road
Cleveland, OH 44109

Listed at $950,000

Details

  • MLS# 5118404
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.220 acres
  • Built in 1912
  • Cleveland Municipal - 1809 Local Schools
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Description

CALLING ALL INVESTORS Just starting out or growing your portfolio. Check out this 16 Unit Large ALL BRICK mixed use located in great neighborhood with solid rental demand in the heart of Old Brooklyn. A stone's throw from Metro health and minutes to Cleveland's downtown. This well kept and professionally managed multi-family 12 apartments up w/ 4 retail shops total of 16 units located in Old Brooklyn and just North of I-480 just minutes to Cleveland's downtown on Pearl Avenue. 16 Unit composed of : 3) 1 - Bed / Bath, 2) 3 - Bed/1 Bath, 6) 2 - Bed / 1 Bath, 1) Studio / 1 Bath and. 4) retail shops at street level w/ basement access for...read more value add. All Retail face Pearl Ave. with high traffic countand visibility.Many units have had floor, kitchen, bath upgrades. 4 units on 2nd floor have small balconies onPearl Rd side and all Spokane units have small porches for added value in rentals.**Many of the rents have been in place and there is room for increases (See Rent Comps in Marketing . **** Ask your agent for Income & Expenses Posted with listing ** Please see the local rental comps ask your agent for info**All units have individual furnaces, separate electric and gas meter. Owner pays only water/sewer and maintenance.Heating: GFA Furnaces (each unit)**Several furnaces have been replaced/added and less than 10 years**Roof: Flat rolled asphalt ~ about 15 years.Parking: Street Only

Features

  • Forced Air, Gas
  • 2.0 Stories
  • $22,396 / year Taxes
  • Public
  • Built in 1912
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All Property Features

  • Property Type: Commercial - Business
  • Basement: Full
  • Basement: Yes
  • Building Features: Private Restrooms
  • Days on Site: 310
  • Heating: Forced Air, Gas
  • Lot Size: 0.22 Acres
  • Parcel#: 014-15-076
  • Parking: Paved
  • Roof Type: Asphalt, Flat
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $22,396 / year
  • Units: 17
  • Water: Public
  • Year Built: 1912