8701 Lake AVE, Cleveland, OH 44102
8701 Lake AVE, Cleveland, OH 44102
8701 Lake AVE, Cleveland, OH 44102
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Nikki Hatfield

Nikki Hatfield

+1(216) 727-6329
$ 199,000
Est. payment | /mo

6 Beds

2 Baths

4,164 Sqft Lot

Save
$ 199,000
Est. payment | /mo
Save

6 Beds

2 Baths

4,164 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Davis & Grombachers

MLS Listing ID 5187243

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,914

Tax Year 2025

Lot Size 4,164 Sqft

Acres 0.0956

Property Sub-Type Triplex

Property Description

Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail.
Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at
$229,000

Location

State OH

County Cuyahoga

Interior

Heating Gas

Cooling None

Fireplace No

Window Features Aluminum Frames

Laundry Inside

Exterior

Parking Features Off Street

Water Access Desc Public

Roof Type Flat

Garage true

Private Pool No

Building

Story 2

Entry Level Two

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 001-09-079

Special Listing Condition Standard

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Kal Alnazer • 2000 Professional Realty • kalnazer@sbcglobal.net, 216-650-2242
Nikki Hatfield

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(216) 727-6329

iamthatnikkileigh@gmail.com

4285 Beverly Hills Dr, Brunswick, Ohio, 44212, USA

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8701 Lake AVE