4316 Pearl Road, Cleveland, OH 44109

$875,000

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List Price
$875,000
Status
ACTIVE
Stories
2
MLS#
5215134
Year Built
1912
Region
Cleveland
Township
Cleveland
Subdivision / Building
Brooklyn Realty Cos Sub

Property Description

CALLING ALL INVESTORS Just starting out or growing your portfolio. Check out this 16 Unit Large ALL BRICK mixed use located in great neighborhood with solid rental demand in the heart of Old Brooklyn. A stone's throw from Metro health and minutes to Cleveland's downtown. This well-kept and professionally managed multi-family 12 apartments up w/ 4 retail shops total of 16 units located in Old Brooklyn and just North of I-480 just minutes to Cleveland's downtown on Pearl Avenue. 16 Unit composed of: 3) 1 - Bed / 1 Bath, 2) 3 - Bed/1 Bath, 6) 2 - Bed / 1 Bath, 1) Studio / 1 Bath and. 4) retail shops at street level w/ basement access for value add. All Retail face Pearl Ave. with high traffic count and visibility. Many units have had floor, kitchen, bath upgrades. 4 units on 2nd floor have small balconies on Pearl Rd side and all Spokane units have small porches for added value in rentals. ** Many of the rents have been brough to market but a couple have some room yet. ** Ask your agent for Income & Expenses Posted with listing ** ** All units have individual furnaces, separate electric and gas meter. ** Owner pays only water/sewer and maintenance. Heating: GFA Furnaces (each unit) **Several furnaces have been replaced/added and less than 5 years ** Roof: Flat rolled asphalt resurfaced 2026. ** Parking: Street Only ** OM in supplements

Additional Information

Taxes
$22,446
Acres
0.22
Sewer
Public Sewer
Roof
Asphalt, Flat
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: James P Matheos, jmatheos@kw.com With Keller Williams Citywide

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