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17840 Lake Shore Cleveland, OH 44119
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Key Details
Sold Price $285,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision East Shore Park
MLS Listing ID 5019622
Sold Date 04/30/24
HOA Y/N No
Year Built 1956
Annual Tax Amount $6,085
Tax Year 2022
Lot Size 7,000 Sqft
Acres 0.1607
Property Description
Extremely well maintained 6-unit building, 100% occupied. Gross rents are $4,000 per month + laundry income. Coin operated washer / dryer purchased in 2023 convey with sale of property. All tenants are current on rent and take good care of their units. Most tenants have been there 6+ years and all want to stay. Photos are of exterior and common areas along with unit 1 which is a good representation of all the units. Newer HWT for laundry. 5 car garage. Cement driveway, new roof 2021 worth $60k and transferrable warranty -- this building needs nothing!
Unit mix: 4 one-bedroom units, 2 two-bedroom units. Most MTM
Unit 2 renovated in 2023 with new carpet, paint, ceiling fans, appliances, granite counter and paint. Several new furnaces and hot water tanks in the units.
Unit 1 renovated in 2022 with new LVP flooring, new tiled bathroom, new carpet in bedroom, paint, and fixtures.
Location
State OH
County Cuyahoga
Rooms
Basement None
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 114-03-012
Financing Conventional
Special Listing Condition Standard
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Bought with Matthew Bednarik • RE/MAX Above & Beyond