4316 Pearl RoadCleveland, OH 44109

$950,000 Active
Commercial - Business MLS 5118404
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Listed By

Agency Name: Keller Williams Citywide
Agency Contact: jmatheos@kw.com 440-847-9033

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

CALLING ALL INVESTORS Just starting out or growing your portfolio. Check out this 16 Unit Large ALL BRICK mixed use located in great neighborhood with solid rental demand in the heart of Old Brooklyn. A stone's throw from Metro health and minutes to Cleveland's downtown. This well kept and professionally managed multi-family 12 apartments up w/ 4 retail shops total of 16 units located in Old Brooklyn and just North of I-480 just minutes to Cleveland's downtown on Pearl Avenue. 16 Unit composed of : 3) 1 - Bed / Bath, 2) 3 - Bed/1 Bath, 6) 2 - Bed / 1 Bath, 1) Studio / 1 Bath and. 4) retail shops at street level w/ basement access for value add. All Retail face Pearl Ave. with high traffic count and visibility. Many units have had floor, kitchen, bath upgrades. 4 units on 2nd floor have small balconies on Pearl Rd side and all Spokane units have small porches for added value in rentals. **Many of the rents have been in place and there is room for increases (See Rent Comps in Marketing . ** ** Ask your agent for Income & Expenses Posted with listing ** Please see the local rental comps ask your agent for info** All units have individual furnaces, separate electric and gas meter. Owner pays only water/sewer and maintenance. Heating: GFA Furnaces (each unit) **Several furnaces have been replaced/added and less than 10 years** Roof: Flat rolled asphalt ~ about 15 years. Parking: Street Only

4316 Pearl Road | MLS# 5118404

This commercial property located at 4316 Pearl Road, Cleveland, OH 44109 is currently listed for sale with an asking price of $950,000. Pearl Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Full
Basement: Yes
Days on Market: 172
Heating: Forced Air, Gas
Lot Size: 0.22 Acres
Roof Type: Asphalt, Flat
Stories: 2.0
Taxes: $22,396 / year
Year Built: 1912

Feature Descriptions

Building Features: Private Restrooms
Parcel#: 014-15-076
Parking: Paved
Sewer: Public Sewer
Units: 17
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

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