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    13348 Madison Avenue

    Lakewood, OH 44107
    • $450,000
    • STATUS: Contingent
    • ON SITE: 116 days
    • MLS #: 4258069
    Under Contract
    UPDATED: 60 min ago
    $450,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Keller Williams Living.
    Listing information © 2021 YES-MLS.

    Description

    RARE mixed-used building with HUGE UPSIDE in one of the most desirable areas in Cleveland!!! There are very few opportunities like this in Lakewood right now - not to mention...LOCATION, LOCATION, LOCATION! In close proximity to Madison Park (which has a swimming pool, playground, tennis courts & baseball diamond) and countless dining & cafe options including Angelo's Pizza, EuroGyro, Rising Star Coffee, The Red Rose Cafe, Coffee Pot, Waterbury Bistro, Tacto Tont's, Barroco's and so much more. This building is comprised of 5 residential units with 3, 1-beds // 1, 2-bed // 1 studio, and two retail/commercial spaces, both of which are currently occupied by a yoga studio tenant for a total of $1,025 per month. Residential units and their current rents include...Unit 1 (Studio): Occupied @ $385 // Unit 2 (2-bed): Vacant (potential rent $1000) // Unit 3 (1-bed): Occupied @ $650 // Unit 4 (1-bed): Occupied @ $500 // Unit 5 (1-bed): Occupied @ $475 with on-site coin laundry! The owner pays for common area electricity & gas as well as water/sewer/trash. Jump on this portfolio-building mixed-use building before it's gone!! See supplemental documents for additional information including rent roll proforma rents and expenses.

    Monthly Payment Calculator

    Listing information © 2021 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Jess Nader Team | RE/MAX Pathway are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2021-06-22T12:08:33.32.
    www.jessnader.com/homes/114538876
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    13348 Madison Avenue Lakewood, OH 44107

    • Price: $450,000
    • Status: Contingent
    • Updated: 60 min ago
    • MLS #: 4258069
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1924
    Built
    Neighborhood:
    Waterbury Heights
    County:
    Cuyahoga
    Area:
    Lakewood
    Property Description
    RARE mixed-used building with HUGE UPSIDE in one of the most desirable areas in Cleveland!!! There are very few opportunities like this in Lakewood right now - not to mention...LOCATION, LOCATION, LOCATION! In close proximity to Madison Park (which has a swimming pool, playground, tennis courts & baseball diamond) and countless dining & cafe options including Angelo's Pizza, EuroGyro, Rising Star Coffee, The Red Rose Cafe, Coffee Pot, Waterbury Bistro, Tacto Tont's, Barroco's and so much more. This building is comprised of 5 residential units with 3, 1-beds // 1, 2-bed // 1 studio, and two retail/commercial spaces, both of which are currently occupied by a yoga studio tenant for a total of $1,025 per month. Residential units and their current rents include...Unit 1 (Studio): Occupied @ $385 // Unit 2 (2-bed): Vacant (potential rent $1000) // Unit 3 (1-bed): Occupied @ $650 // Unit 4 (1-bed): Occupied @ $500 // Unit 5 (1-bed): Occupied @ $475 with on-site coin laundry! The owner pays for common area electricity & gas as well as water/sewer/trash. Jump on this portfolio-building mixed-use building before it's gone!! See supplemental documents for additional information including rent roll proforma rents and expenses.
    Exterior Features

    Parking Features On SitePrivate Parking Total 6 Roof Flat

    Interior Features

    Basement FullUnfinished Basement YN Yes Building Area Total 0 Cooling None Cooling YN No Heating Forced AirGasRadiator(S) Heating YN Yes

    Property Features

    Lease Considered YN No Listing Terms CashConventionalTrade Owner Pays SewerTrash CollectionWater Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 9600 Tenant Pays ElectricityGas Township Lakewood Water Source Public Year Built Details Actual Ybt

    Listing information © 2021 YES-MLS.
    Listing provided courtesy of Keller Williams Living.
    Listing information © 2021 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Jess Nader Team | RE/MAX Pathway are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2021-06-22T12:08:33.32.
     
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    The Jess Nader Team | RE/MAX Pathway
    2791 Cedar Hill Rd
    Cuyahoga Falls OH, 12345
    Listing courtesy of Keller Williams Living.
    Listing information © 2021 YES-MLS.