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Chris Bergin, Sales Associate
SOLD
$415,000
Date 01/31/2024

4818 Memphis Avenue
Cleveland, OH 44144

Mixed Use, Business Opportunities
Residence
8,846
Sqft
0.277
Lot Size
Courtesy: Century 21 HomeStar, info@21mike.com (216) 373-7727
7-unit mixed use building generating over $7k/month for a 13.4% CAP before management. 2 long-term tenants have been there for decades, literally! Building consists of 4 units up, 2-bedrooms, 3 of 4 rented. One upstairs unit is used as the current management office. Professional manager will remain for prospective buyers. Downstairs are 3 commercial units. Other features: plenty of off-street parking in the rear lot, separate utilities for each unit, upgraded electric panels, newer hot water tanks, and ceiling fans. Convenient location, near freeways, Downtown Cleveland, Airport, shopping, and more.
4501156
Mixed Use, Business Opportunities, 2 Story
Cuyahoga
1926
0.277 Acres
Public
2
Public Sewer
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Courtesy: Century 21 HomeStar, info@21mike.com (216) 373-7727
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