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About This Home
This 0-bedroom, 0-bathroom commercial at 2201 N Taylor Road in Cleveland Heights, OH is listed for $550,000. Built in 1915, on a 0.36 acres lot.
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't 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.
Key Features
- Built in 1915
- 0.36 acre lot
- 16 parking spaces
Property Details
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2201 N Taylor Road
Cleveland Heights, OH 44112
Taylor Park Land Companys Forest
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2201 N Taylor Road is listed at $550,000. The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.36 acre lot, 16 parking spaces.
This property is listed by Armani Adames and can be reached at 2163708550 or adamesarmani.aa@gmail.com.
