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Key Details
Sold Price $177,500
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,850 sqft
Price per Sqft $30
Subdivision Willoughby Township 12
MLS Listing ID 4266166
Sold Date 06/10/21
HOA Y/N No
Abv Grd Liv Area 5,850
Total Fin. Sqft 5850
Year Built 1916
Annual Tax Amount $5,600
Lot Size 0.316 Acres
Acres 0.3156
Property Sub-Type Apartment
Property Description
Fantastic Brisk 3-Suite Apartment with Storefront! All three units have 2 bedrooms, bath, kitchen and living room. (One unit rented, view on second showing)). Residential rents are estimated at $700./month and storefront at $500./month. Paved parking lot to accommodate residents and guests. An additional parcel of 0.15 A of vacant land abuts this parcel to the rear and is currently for sale for $20,000 Potential capitalization rate is estimated to be 12.65. Bring your investors now before real lot sells to adjacent property owners. Also note that there is a similar commercial property for sale next door, 29626 Euclid Ave. that has 4 Residential apartments and a store front. Act now and acquire both properties!
Location
State OH
County Lake
Rooms
Basement Common Basement
Interior
Heating Gas
Fireplace No
Exterior
Parking Features On Site, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Willoughby-Eastlake - 4309
Others
Tax ID 29-B-007-C-00-003-0
Financing Cash
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Bought with Ari Dori • Acacia Realty, LLC.