1115 East Ave - Storefront Retail/Residential FOR SALE


Elyria, OH 44035- Downtown Elyria
$175,000 USD
1115 East Ave, Elyria, OH for Sale
$175,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | Request Cap Rate

NEW


1115 East Ave
Elyria, OH 44035
Downtown Elyria


HIGHLIGHTS

  • 2 Buildings One Price
  • One building is a 3 unit apartment and the second building is a storefront

OVERVIEW

4-unit investor special! 2 buildings, one building on George St has 3 apartments, and the second building is the storefront. Total rents would be approximately $3000/mo fully-rented, professional management in place. Sturdy brick construction with newer roofs and vinyl siding, plus many updates such as: newer furnaces (one unit is heated by a boiler), storefront has central AC, upgraded electric panels, newer hot water tanks, separately-metered gas and electric, plus a 1-car garage. Great location near shopping, schools, freeway access and more! Just a little work to get this building up and running again.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

06-26-014-102-032

ASK ABOUT THIS PROPERTY

Michael FerranteCentury 21 HomeStarMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael FerranteCentury 21 HomeStarMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.