Do Real Estate on the Go!
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Do Real Estate on the Go!
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$229,000
6 Beds
2 Baths2 full baths
--sqft
8701 Lake Ave, Cleveland, OH 44102
$229,000
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Triplex
Built in 1900
$-- HOA
0.1 acre lot
--/sqft
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
- Houzeo last checked: 38 Minutes ago
- Listing updated: February 16, 2026 at 11:08 pm
- Listing Provided by: Kal Alnazer (216) 650-2242 DRE #449062, Kal Alnazer (216) 650-2242 DRE #449062 | 2000 Professional Realty (440) 717-9797
- Source: MLS Now-OH | MLS#: 5187243
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
0.1 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5187243
MLS Status
Active
Days on Market
15
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