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
AVG $270K
$130K
Taxes
AVG $5,550
$1,344
Visits
AVG 10
49
Year Built
AVG 1922
1908
Walkscore
AVG 72
63
Data Provided by Walkscore ® not using MLS data

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