8701 Lake AVE, Cleveland, OH 44102
8701 Lake AVE, Cleveland, OH 44102
8701 Lake AVE, Cleveland, OH 44102
3
See all 3 photos
$199,000
Est. payment /mo
Save
6 Beds
2 Baths
4,164 Sqft Lot
Price Dropped by $30K

8701 Lake AVE Cleveland, OH 44102

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Emily Shortall

Emily Shortall

+1(740) 994-5131

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Davis & Grombachers

MLS Listing ID 5187243

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,914

Tax Year 2025

Lot Size 4,164 Sqft

Acres 0.0956

Property Sub-Type Triplex

Stories Two

Story Two

Property Description

Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail.
Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at
$229,000

Location

State OH

County Cuyahoga

Interior

Heating Gas

Cooling None

Fireplace No

Window Features Aluminum Frames

Laundry Inside

Exterior

Parking Features Off Street

Water Access Desc Public

Roof Type Flat

Private Pool No

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 001-09-079

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Kal Alnazer • 2000 Professional Realty • kalnazer@sbcglobal.net, 216-650-2242

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Emily Shortall

Emily Shortall

Broker Associate, Agent | OH & WV | License ID: 2015000549,WV0029886

+1(740) 994-5131

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Emily Shortall, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8701 Lake AVE

QUICK SEARCH