OH > Cleveland Heights > Taylor Park Land Companys Forest
Cleveland Heights, OH 44112,2201 N Taylor RD
Cleveland Heights, OH 44112,2201 N Taylor RD
Cleveland Heights, OH 44112,2201 N Taylor RD
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$650,000
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0.36 Acres Lot
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2201 N Taylor RD Cleveland Heights, OH 44112

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Tony Parra

Tony Parra

+1(440) 491-4362

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Taylor Park Land Companys Forest

MLS Listing ID 5156134

HOA Y/N No

Year Built 1915

Annual Tax Amount $16,435

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Mixed Use

Property Description

Incredible investment opportunity in desirable Cleveland Heights! CAP RATE 11%! 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. ONLY 1 VACANCY! Great opportunity for investors to add to their portfolio, or first time investors to take advantage of the lucrative cash flow. 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. Current gross rent is at $7,875. Vacant commercial unit has a potential of $1,300 putting income at over $9,000 monthly. Overall, this is an excellent investment opportunity with great potential for income and appreciation. Don't miss your chance to own this fantastic property in a desirable location! Hurry this will not last long! Contact agent for income/expenses.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached, Garage, Parking Lot

Water Access Desc Public

Roof Type Rubber

Present Use Multi-Family,Mixed Use,Retail

Total Parking Spaces 16

Garage true

Building

Entry Level Two

Foundation Basement

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District East Cleveland Csd - 1812

Others

Tax ID 681-08-027

Acceptable Financing Cash, Conventional, 1031 Exchange, Private Financing Available

Listing Terms Cash, Conventional, 1031 Exchange, Private Financing Available

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Armani Adames • Russell Real Estate Services • adamesarmani.aa@gmail.com, 216-370-8550

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Tony Parra

Tony Parra

Agent | License ID: 2015001967

+1(440) 491-4362

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2201 N Taylor RD