5003 Clark AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44102
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 11,154 sqft
Price per Sqft $48
Subdivision James M Hoyts Sub
MLS Listing ID 5154100
Bedrooms 8
Full Baths 5
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 7,436
Year Built 1900
Annual Tax Amount $3,040
Tax Year 2024
Lot Size 4,678 Sqft
Acres 0.1074
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
Cash-Flow Machine in the Heart of Cleveland!
Investor's dream property! This solid mixed-use building is already producing income and has even more potential to grow. The second floor features four spacious, fully-rented apartments, each with its own bathroom. On the main level, you'll find a retail storefront currently used as a resale shop, plus an office/studio unit with bedroom, kitchen, and bath – perfect for additional rental income or your own business.
With a strong rental history and plenty of upside by maximizing the commercial spaces, this property can practically pay for itself and generate significant monthly profit. Full basement offers extra storage and solid construction for long-term stability.
Don't miss this rare opportunity to own a true income-producing powerhouse.
This building included an area:
STGE WHSE BASEMENT 3,718
RETAIL-STORE 1ST 3,718
APARTMENTS 2ND 3,718
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Electric,Gas
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features No Garage,On Street
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 016-11-049