5003 Clark AVE new

Cleveland,OH 44102

$ 545000

8 Beds

5 Baths

11154 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 11,154 sqft

Price per Sqft $48

Subdivision James M Hoyts Sub

MLS Listing ID 5154100

Bedrooms 8

Full Baths 5

Year Built 1900

Annual Tax Amount $3,040

Tax Year 2024

Lot Size 4,678 Sqft

Property Sub-Type Quadruplex

Property Description

Cash-Flow Machine in the Heart of Cleveland!

Investor's dream property! This solid mixed-use building is already producing income and has even more potential to grow. The second floor features four spacious, fully-rented apartments, each with its own bathroom. On the main level, you'll find a retail storefront currently used as a resale shop, plus an office/studio unit with bedroom, kitchen, and bath – perfect for additional rental income or your own business.

With a strong rental history and plenty of upside by maximizing the commercial spaces, this property can practically pay for itself and generate significant monthly profit. Full basement offers extra storage and solid construction for long-term stability.

Don't miss this rare opportunity to own a true income-producing powerhouse.
This building included an area:
STGE WHSE BASEMENT 3,718
RETAIL-STORE 1ST 3,718
APARTMENTS 2ND 3,718

Location

State OH

County Cuyahoga

Interior

Heating Electric,Gas

Cooling Wall Unit(s)

Exterior

Parking Features No Garage,On Street

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

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