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9714-9716 Lorain AVE Cleveland, OH 44102
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Key Details
Sold Price $107,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision H H Pounds
MLS Listing ID 5069994
Sold Date 01/15/25
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,863
Tax Year 2023
Lot Size 5,867 Sqft
Acres 0.1347
Property Sub-Type Mixed Use
Property Description
Mixed-use investment opportunity located in the West Boulevard neighborhood of Cleveland. This 6,046 SF building features two (2) separately demised storefront retail spaces directly on Lorain Ave and four (4) residential units above the storefront retail. The residential unit mix consists of two (2) one-bed/one-bath units and two (2) efficiency units. Three of the four residential units are currently occupied presenting investors with immediate rental income as well as a value-add opportunity to lease out the vacancy and increase existing rents. The property offers off street parking.
Location
State OH
County Cuyahoga
Interior
Heating Other
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 005-24-004
Financing Cash
Special Listing Condition Real Estate Owned
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Bought with Non-Member Non-Member • Non-Member