Euclid, OH 44123,796-800 E 222nd ST
Euclid, OH 44123,796-800 E 222nd ST
Euclid, OH 44123,796-800 E 222nd ST
$335,000
Est. payment /mo
$375,000
10.7%
Est.Price: ?

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10,402 Sqft Lot
SOLD DATE : 10/02/2024

Key Details

Sold Price $335,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision J & M Jamnek Proposed

MLS Listing ID 5069179

Sold Date 10/02/24

HOA Y/N No

Year Built 1928

Annual Tax Amount $7,804

Tax Year 2023

Lot Size 10,402 Sqft

Acres 0.2388

Property Description

This exceptional investment opportunity offers two properties on one parcel, including a commercial building with two units (Bar/Restaurant) and a residential home, providing significant income with room for growth. The first property features a fully rehabbed lounge and a 3-bedroom apartment above it, currently generating $2,500 monthly, with rents below market value, allowing for potential revenue increases. The lounge and the apartment are on a lease through 2027, offering long-term stability. The property also includes newer windows, electrical, plumbing, a roof replaced in 2019, 20 parking spots, and a 2-car garage. Additionally, both properties are POS compliant.

The second property is a newly remodeled 4-bedroom home with an open floor plan, granite countertops, stainless steel appliances, newer windows throughout, and central air. This spacious home includes one bedroom on the first floor and three additional bedrooms on the upper level, with a monthly rental potential of $1,800. To provide extra peace of mind, the seller offers the buyer a one-year home warranty. This unique property package is perfect for investors looking to expand their portfolio or those seeking a dual-income opportunity.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Garage Driveway, Shared Driveway

Fence Full

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Commercial,Mixed Use

Total Parking Spaces 22

Building

Sewer Public Sewer

Water Public

Schools

School District Euclid Csd - 1813

Others

Tax ID 641-19-038

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Alexys Jones • Keller Williams Greater Metropolitan • alexysjones@kw.com 440-694-5551
Bought with Greg Cosgriff • HomeSmart Real Estate Momentum LLC
Justin Carroll

REALTOR / Team Lead | License ID: C2015004696

+1(330) 705-3640 | justin@jcsells.com

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