44
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$550,000
Est. payment /mo
0.36 Acres Lot
Active
2201 N Taylor RD Cleveland Heights, OH 44112
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Taylor Park Land Companys Forest
MLS Listing ID 5185554
HOA Y/N No
Year Built 1915
Annual Tax Amount $17,283
Tax Year 2025
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Mixed Use
Property Description
Incredible investment opportunity in desirable Cleveland Heights! CAP RATE 14% - WOW! Well maintained 11 unit brick mixed use building raking in income. 5 commercial units and 6 residential made up of 3 - 1 bedroom units and 3 - 2 bedroom units. 100% occupied! Great opportunity for investors to add to their portfolio, or first time investors to take advantage of the lucrative cash flow. Current gross rent is at $8,925 per month, ($107,100 annually)! Located in a desirable and growing area with easy access to public transportation and major highways. The neighborhood offers a variety of dining, shopping, and entertainment options, making it an attractive location for tenants. Recently appraised at $630,000, providing $80,000 in equity from day 1! Overall, this is an excellent investment opportunity with great potential for income and appreciation. Don't miss your chance to own this fantastic property in a desirable location! Priced to sell! Hurry this will not last long! Contact agent for income/expenses.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Flat
Present Use Commercial,Multi-Family,Mixed Use,Retail
Total Parking Spaces 16
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 681-08-027
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Armani Adames • RE/MAX Above & Beyond • adamesarmani.aa@gmail.com, 216-370-8550
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