Commercial Real Estate for Sale at 2201 N Taylor Road in Cleveland Heights, OH for $550,000

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2201 N Taylor Road | Cleveland Heights

$550,000 | 0.0 Sq. Ft.

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\u0027t 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. MLSNow 5185554 Directions to property: Between Nela View Rd and Greyton Rd

MLS Listing ID: 
MLSNow 5185554
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$550,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Cleveland Heights
Address: 
2201 N Taylor Road, Cleveland Heights, OH 44112
County: 
Cuyahoga
Latitude: 
41.5305690
Longitude: 
-81.5616390
Directions: 
Between Nela View Rd and Greyton Rd
Public Remarks: 
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\u0027t 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.
Community Information
School District: 
Cleveland Hts-Univer - 1810
Subdivision: 
Taylor Park Land Companys Forest
Building Details
Details about the building on a property.
Year Built: 
1915
Living Area: 
0.0
Basement: 
Full
Construction
Roof: 
Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.36
Lot Size (Area): 
0.36
Lot Features
Total Parking Spaces: 
16
Public Record
Parcel Number: 
681-08-027
Annual Tax: 
$17,283.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX Above \u0026 Beyond

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