5902 Denison Avenue, Cleveland, OH 44102
sale
$140,000
|
Mixed Use
Courtesy Of EXP Realty
Investment opportunity for multi-use free-standing urban property just 5 miles from downtown Cleveland! Here is potential for a 10% or higher cap rate. Easy highway access and public transportation. This property includes a private parking lot that can accommodate at least 8-10 vehicles! You must see this to believe the stellar workmanship and improvements completed! This asset is just waiting to realize its full potential. Zoned commercial and currently framed as 3 or 4-unit apartment building. Can also utilize first floor as open office and/or retail stores. LOOK AT THESE IMPROVMENTS! NEW roof 2019, electrical meters, panels and wiring throughout, new plumbing throughout, new HVAC, new hot water tanks, windows, siding, and concrete retaining walls in parking lot. Independent electric panels and washer/dryer hookups in each of the four units. Seller spared no expense as this was planned as a main residence and investment property. 11' ceilings on first level - 9' ceilings on 2nd level. Seller designed floor plan to draw higher than average rents for the area; the framed rooms are very nicely sized with open kitchen/living space. This is an amazing property for the savvy investor ready to take it across the finish line!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Heating System: Forced Air
- MLSID: 4231897
- Roof Type: Unknown
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