$340,000
$375,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
718 Sqft Lot
SOLD DATE : 09/23/2024
Key Details
Sold Price $340,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Lemko Hall Condos
MLS Listing ID 5042554
Sold Date 09/23/24
HOA Y/N No
Year Built 1900
Annual Tax Amount $5,086
Tax Year 2023
Lot Size 718 Sqft
Acres 0.0165
Property Sub-Type Mixed Use
Property Description
Wow, when opportunity knocks, go for it! A done for you, turn-key, versatile 3-unit property nestled in the heart of Tremont! Offering a unique opportunity for investors or owner-occupiers alike. This property seamlessly combines commercial and residential spaces, making it stand out in the market. Endless possibilities of immediate income with this timeless beauty and historic classic. Commerical space #1 is currently being occupied as a bright and inviting vintage items storefront with large windows, ideal for showcasing products and services. Commercial space #2 is currently being occupied by an Esthetician Beauty Shop that has been thoughtfully designed and crafted, creating a warm comfortable feeling. Residential space in lower level is currently occupied until October of this year, generating great cash flow! Ample parking on street for customers! 1 parking garage space and additional parking lot for commercial space tenants. Whether you're looking to invest, run a business, or live in one unit while renting out the others, this property offers endless possibilities! Not to mention the close proximity of all the great restaurants, shops, parks, bars, NFL stadium, Rock n Roll Hall of Fame, the Lake, highly rated medical services, freeways and much more. Truly a great opportunity, you'd be proud to own! Currently netting $3,566 per month for rental income after expenses.
Location
State OH
County Cuyahoga
Community Park
Rooms
Basement Apartment
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Detached, Garage, Parking Lot, On Street
Community Features Park
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 004-12-301
Financing Cash
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Bought with Kristin E Rogers • Howard Hanna
“Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."
1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States