7425 York Road

    Parma, OH 44130
    • $300,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 4131666
    UPDATED: 72 min ago
    $300,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Century 21 Homestar.
    Listing information © 2017 NEOHREX MLS.

    Description

    Turnkey commercial cash flow, about 12% CAP rate at list price. High-visibility and demand with long-term, stable tenants, gross rents $4200/mo with annual expenses of only $4500/year (plus property taxes). Tenants pay their own utilities, plus snow removal (split between tenants as a CAM charge). Well maintained brick building, located near the community college campus. Plenty of parking and good signage. 2 units vacant, move your business in and rent the other units!

    Monthly Payment Calculator

    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Howard Hanna 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 2019-10-17T11:08:39.057.
    www.clevelandhomefinder.com/homes/98729133

    7425 York Road Parma, OH 44130

    • Price: $300,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 4131666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    1961
    Built
    Neighborhood:
    Parma
    County:
    Cuyahoga
    Area:
    Parma
    Property Description
    Turnkey commercial cash flow, about 12% CAP rate at list price. High-visibility and demand with long-term, stable tenants, gross rents $4200/mo with annual expenses of only $4500/year (plus property taxes). Tenants pay their own utilities, plus snow removal (split between tenants as a CAM charge). Well maintained brick building, located near the community college campus. Plenty of parking and good signage. 2 units vacant, move your business in and rent the other units!
    Exterior Features

    Levels One Parking Features On SiteOutsidePrivate Parking Total 18 Roof Flat

    Interior Features

    Basement YN No Building Area Total 0 Cooling Central Air Cooling YN Yes Heating Gas Heating YN Yes

    Property Features

    Insurance Expense 200 Lease Considered YN Yes Listing Terms CashConventional Owner Pays GasSewerTrash CollectionWater Ownership Principal/Nr Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 9248 Tenant Pays Cable TvElectricityGas Water Sewer Expense 90 Water Source Public Year Built Details Actual Ybt

    Listing information © 2019 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Century 21 Homestar.
    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Howard Hanna 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 2019-10-17T11:08:39.057.
     
    Howard Hanna
    8396 Mentor Ave.
    Mentor OH, 44060
    Listing courtesy of Century 21 Homestar.
    Listing information © 2017 NEOHREX MLS.