Cleveland, OH 44102,6818 Lorain AVE
Cleveland, OH 44102,6818 Lorain AVE
Cleveland, OH 44102,6818 Lorain AVE
$175,000
Est. payment /mo
$189,900
7.8%
Est.Price: ?

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2,989 SqFt
SOLD DATE : 08/21/2023

Key Details

Sold Price $175,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,989 sqft

Price per Sqft $58

Subdivision James M Hoyt Sub

MLS Listing ID 4450481

Sold Date 08/21/23

HOA Y/N No

Abv Grd Liv Area 2,989

Year Built 1910

Annual Tax Amount $1,107

Lot Size 4,621 Sqft

Acres 0.1061

Property Description

Turnkey, all redone mixed use cash cow grossing $3,600 per month, located on the redeveloping Lorain Ave corridor! Four total units including a retail store front with $1,000 in potential rent along with all occupied (3) residential units that include two spacious two-bedroom units rented at $900 each (back down/ back up) and a nice sized one-bedroom unit rented at $800 (up front). Recent upgrades all took place in 2020 and 2021 including all plumbing feed lines/ drains, electrical panels, service lines/ new wires, furnace for down units, drywall and all finishes, rubber roof, vinyl siding, vinyl windows and more! A must see.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Garage Driveway, Paved, On Street

Fence Chain Link, Partial

Water Access Desc Public

Roof Type Rubber

Parking Type Driveway, Paved, On Street

Total Parking Spaces 10

Building

Story 2

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 006-10-021

Financing Conventional

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Listed by Michael A Balamenti • Power House Realty
Bought with Melissa A Lupton • EXP Realty, LLC.

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Holly Ritchie

Team Leader | License ID: C2001021919

+1(330) 360-5323

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