11204 Lorain AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44111
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Conger-Helper Realty Cos Lora
MLS Listing ID 5112403
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1923
Annual Tax Amount $6,882
Tax Year 2024
Lot Size 3,772 Sqft
Acres 0.0866
Property Sub-Type Retail
Property Description
Excellent investment opportunity! Nearly full occupied (one unit intentionally kept vacant for showing purposes). Building has two storefront that are fully occupied with long-term tenants and two apartment both with two bedrooms and 1 bathroom. Many updates to the building has been completed including new roof and tune up, newer windows, electrical, plumbing, gutter filter system installed, HWTs replaced, bathroom updates, newer doors & locks, air vent plumbing, paint, and much more. Both apartments recently fully renovated. Current gross monthly rent $2,910 / month; that is with one vacancy. Fully occupied, gross rent will exceed $4,000 / month.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished,Walk-Up Access,Walk-Out Access
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Concrete,Driveway,Detached,Garage,On Street
Fence Back Yard,Wood
Water Access Desc Public
Roof Type Flat
Present Use Residential,Retail
Total Parking Spaces 2
Building
Story 2
Foundation Basement
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 005-11-035
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard