Price Reduction
Address
5902 Denison Avenue Cleveland, OH
Price
$ 130,000
Property Attributes
- MLS#4231897
- TypeCommercial
- CountyCUYAHOGA
- CityCleveland
- AreaCle Between West Blvd & Cuy River
- Zip44102
- StyleMixed Use
- Year Built1908
- Taxes1344
- Price$ 130,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8106
- Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Michelle Angeny with EXP Realty, LLC.
Property Description
Investment opportunity for multi-use free-standing urban property just 5 miles from downtown Cleveland! Here is potential for a 10% or higher cap rate. Easy highway access and public transportation. This property includes a private parking lot that can accommodate at least 8-10 vehicles! You must see this to believe the stellar workmanship and improvements completed! This asset is just waiting to realize its full potential. Zoned commercial and currently framed as 3 or 4-unit apartment building. Can also utilize first floor as open office and/or retail stores. LOOK AT THESE IMPROVMENTS! NEW roof 2019, electrical meters, panels and wiring throughout, new plumbing throughout, new HVAC, new hot water tanks, windows, siding, and concrete retaining walls in parking lot. Independent electric panels and washer/dryer hookups in each of the four units. Seller spared no expense as this was planned as a main residence and investment property. 11' ceilings on first level - 9' ceilings on 2nd level. Seller designed floor plan to draw higher than average rents for the area; the framed rooms are very nicely sized with open kitchen/living space. This is an amazing property for the savvy investor ready to take it across the finish line!
| Price History | |
|---|---|
| 10/13/2020 | Listed $150,000 |
| 12/14/2020 | 7% - $140,000 |
| 1/19/2021 | 8% - $130,000 |
General Features
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Gas |
| Location | Freestanding, Public Transport, Urban |
| MLS Area | Cle Between West Blvd & Cuy River |
| Parking Features | On Site, Private |
| Property SubType | Mixed Use |
| Property Type | Commercial Sale |
| Roof | Flat |
| Sewer | Public Sewer |
| Terms | Cash, Conventional |
Interior Features
| Above Grade Finished Area | 8106 |
|---|---|
| Air Conditioning Y/N | Yes |
| Basement | Full |
| Heating Y/N | Yes |
| Living Area | 8106 |
Exterior Features
| Fencing | Partial |
|---|---|
| Lot Size Acres | 0.13 |
| Lot Size Area | 0.13 |
| Lot Size Units | Acres |
| Total Parking | 8 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 44102
Price
Taxes
Visits
Year Built
Walkscore
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