4316 Pearl Road Cleveland, OH 44109
Mixed Use
MLS #: 5118404
Courtesy Of Keller Williams Citywide
Property InformationDescription
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 / 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 in place and there is room for increases (See Rent Comps in Marketing . **
** Ask your agent for Income & Expenses Posted with listing **
Please see the local rental comps ask your agent for info**
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 10 years**
Roof: Flat rolled asphalt ~ about 15 years.
Parking: Street Only
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 / 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 in place and there is room for increases (See Rent Comps in Marketing . **
** Ask your agent for Income & Expenses Posted with listing **
Please see the local rental comps ask your agent for info**
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 10 years**
Roof: Flat rolled asphalt ~ about 15 years.
Parking: Street Only
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Heating System: Steam
- Heating System: Hot Water (Heating)
- Legal Description: 58 BRKRCO S/L 71 ALL 0070 ALL
- MLSID: 5118404
MAP & DIRECTIONS
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