28
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$319,900
Est. payment /mo
5,000 Sqft Lot
Active
5007 Clark AVE Cleveland, OH 44102
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision James Hoyts
MLS Listing ID 5239176
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,471
Tax Year 2025
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Mixed Use
Property Description
Income-producing Mixed-Use Investment opportunity at 5007 Clark ave in Cleveland OH 44102.
Excellent opportunity to own a recently remodeled mixed -use property featuring two commercial store fronts and two residential apartments, providing multiple income streams from a single investment. The commercial spaces include a barbershop and clothing and jewelry store, while the two residential units offer additional rental income. The property has been thoughtfully updated and features newer finishes, stainless steel appliances, updated kitchens and modernized living spaces. All mechanicals and the roof are brand new! The combination of commercial and residential tenants creates an attractive setup for an investor looking for immediate income and long-term potential. The property currently generates $3,645 per month in rental income and $43,470 annually making this a strong opportunity for an investor seeking a diversified income producing asset. Located on Clark Avenue in Cleveland's Stockyards area the property offers convenient access to surroundings neighborhoods, major roadways, shopping, employment centers and downtown Cleveland. A unique opportunity to acquire a renovated mixed0-use property with commercial and residental income in Cleveland. Don't miss out on this opportunity!
Excellent opportunity to own a recently remodeled mixed -use property featuring two commercial store fronts and two residential apartments, providing multiple income streams from a single investment. The commercial spaces include a barbershop and clothing and jewelry store, while the two residential units offer additional rental income. The property has been thoughtfully updated and features newer finishes, stainless steel appliances, updated kitchens and modernized living spaces. All mechanicals and the roof are brand new! The combination of commercial and residential tenants creates an attractive setup for an investor looking for immediate income and long-term potential. The property currently generates $3,645 per month in rental income and $43,470 annually making this a strong opportunity for an investor seeking a diversified income producing asset. Located on Clark Avenue in Cleveland's Stockyards area the property offers convenient access to surroundings neighborhoods, major roadways, shopping, employment centers and downtown Cleveland. A unique opportunity to acquire a renovated mixed0-use property with commercial and residental income in Cleveland. Don't miss out on this opportunity!
Location
State OH
County Cuyahoga
Rooms
Basement Concrete
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Off Street
Fence Wood
Water Access Desc Public
Roof Type Asphalt
Present Use Mixed Use
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 016-11-048
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
Listed by Daniel B Cull IV • Progressive Urban Real Estate Co • [email protected], 216-218-4716
NEARBY SCHOOL & BUSINESS
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