Skip To Content

2132 E 79th Street

Cleveland, OH 44103
  • $325,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 5050566
Price Reduced
UPDATED: 46 min ago
$325,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

School District:

Description

Great Opportunity to BECOME A REAL ESTATE INVESTOR! Location is KEY! Fully rented to long term tenants that have all been there over 10 years. Restaurants has been there for over 20 years. Cash flowing per owner cap rate over 10%. Tenants all pay their own gas and electric. Owner pays water and sewer. JOIN THE REVITALIZATION in the neighborhood, some HANDY MAN work needed to push rents to market rate. The ARV is moving upward as the revitalization in the area moves forward. Minutes away from Hospitals, Downtown, Midtown, and major developments. A GREAT INVESTMENT. Property being SOLD AS IS. A great portfolio builder! Seller will review all reasonable offers.

Monthly Payment Calculator

www.clevelandhomefinder.com/homes/152197544
Print Image

2132 E 79th Street Cleveland, OH 44103

  • Price: $325,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 46 min ago
  • MLS #: 5050566
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1910
Built
Neighborhood:
H H Stillsons Allotment
County:
Cuyahoga
Area:
Cleveland
School District:
Cleveland Municipal - 1809
Property Description
Great Opportunity to BECOME A REAL ESTATE INVESTOR! Location is KEY! Fully rented to long term tenants that have all been there over 10 years. Restaurants has been there for over 20 years. Cash flowing per owner cap rate over 10%. Tenants all pay their own gas and electric. Owner pays water and sewer. JOIN THE REVITALIZATION in the neighborhood, some HANDY MAN work needed to push rents to market rate. The ARV is moving upward as the revitalization in the area moves forward. Minutes away from Hospitals, Downtown, Midtown, and major developments. A GREAT INVESTMENT. Property being SOLD AS IS. A great portfolio builder! Seller will review all reasonable offers.
Exterior Features

Attached Garage YN No Waterfront YN No

Interior Features

Basement Unfinished Basement YN Yes Cooling None Cooling YN No Heating Forced Air Heating YN Yes Main Level Bathrooms 0

Property Features

Listing Terms Cash Conventional Property Sub Type Other Sewer Public Sewer Tax Annual Amount 1961.48 Township Cleveland Water Source Public

 
https://bt-photos.global.ssl.fastly.net/mlsnowhh/orig_boomver_1_5050566-2.jpg https://bt-photos.global.ssl.fastly.net/mlsnowhh/orig_boomver_1_5050566-2.jpg https://bt-photos.global.ssl.fastly.net/mlsnowhh/orig_boomver_1_5050566-2.jpg
Logo
Howard Hanna
8396 Mentor Ave.
Mentor OH, 44060