11204 Lorain AVE Active 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
Year Built 1923
Annual Tax Amount $6,882
Tax Year 2024
Lot Size 3,772 Sqft
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
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Concrete,Driveway,Detached,Garage,On Street
Fence Back Yard,Wood
Roof Type Flat
Building
Story 2
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard