2 Buildings for One Price
Multi-Family
for Sale
| Catylist Listing ID: |
30794196 |
| Property Subtypes: |
Duplex/Fourplex, Mixed Use
|
| Number of Units: |
3 Units |
| Building Size (RSF): |
6,026 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.09 - 2.11 Acres
|
| Sale Price: |
$500,000 |
| Unit Price: |
$166,666.67 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Building Name: |
S S Trucking |
| Usable Size (USF): |
1,600 SF |
| Core Factor: |
1,600% |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Gross Rent Multiplier: |
26,400 |
| Last Updated: |
5/17/2022 |
Overview / Comments
BIG PRICE IMPROVEMENT!
2 Buildings, one price! Duplex plus Commercial Building. 1,600 sq ft +/- Two 2-bedroom and 1 bath apartments & One 1 bed/1 bath apt plus Commercial building approx 4,400 square feet. Also includes a 20 x 30 Metal building with electricity. Partially fenced on 2.11 +/- acres located on SE Dalton Pike closest to Blackburn Road. Gross rental income from the apartments is $2,200 monthly. Zoned Commercial. One apartment is located within the Commercial building with a green roof. The home with the faded or orange-colored roof has been converted to a duplex with approx. 1,600 square feet. The owner pays for all utilities, maintenance, and property expenses. Being sold AS-IS.
includes parcel 057m G 013.00 000 and 057m G 013.00 001
|
Additional Details
| Nearest MSA: |
Cleveland |
| County: |
Bradley |
| Taxing Authority: |
Cleveland |
| Tax ID/APN: |
057M G 013.00 000 |
| Percent Occupied: |
100% |
| Property Located Between: |
Dalton Pike Se and Blackburn Road |
| Highway Access: |
Close to APD 40 |
| Site Description: |
Approximately 284 feet of road frontage . Located next to the Texaco Station on SE Dalton Pike and closest to Blackburn Road and APD 40 By-Pass. |
| Area Description: |
SE Cleveland is convenient to downtown Cleveland and APD By-Pass. |
| Total Number of Buildings: |
2 |
| Property Condition: |
Fair |
| Number of Stories: |
1 |
| Year Built: |
1900 |
| Year Renovated: |
2017 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding, Wood Frame |
| Exterior Description: |
Located on 2.11 acres on SE Dalton Pike nearest Blackburn Rd. Next to the Texaco Station. Large asphalt paved parking lot with gravel parking on the side. Some fencing. Former Fantasy Tan Business |
| Parking Type: |
Surface |
| Parking Description: |
Asphalt and gravel |
| Laundry: |
Laundromat Nearby |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central, Ceiling Units |
| Air Conditioning: |
Package Unit |
| Interior Description: |
In the duplex, the apartments are 2 bedrooms 1 bath, and rent is $800 a month which includes all utilities and a washer dryer hook up. The other unit is 1 bedroom and 1 bathroom and rents for $600 a month which includes all utilities and no washer / dryer hook up. The commercial building has a 2 bedroom and 1 bath apartment that rents for $800 a month and includes all utilities. The main retail or office space in the commercial building has 1 half bathroom, 6 small rooms, and 2 large open spaces. |
| Zoning Description: |
CH |
| Sewer Type: |
Municipal |
| Easements Description: |
Please see the Deed in the documents. Buyer to verify any and all easements |
| Land Ownership: |
Owned |
| Legal Description: |
Parcel ID/Tax ID 057M G 013.00 001 ( 057M G 013.00 000 )
Special Int 001
Alternate Parcel ID 057M G 013.00 001
Land Map 057M
District/Ward 138
2010 Census Trct/Blk 107/3
Assessor Roll Year 2019 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,116 |
34,512 |
56,212 |
| Median Age: |
33.3 |
34.14 |
36.17 |
| Households: |
2,994 |
13,275 |
21,659 |
|
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