See all 7 photos
$690,000
Est. payment /mo
1.79 Acres Lot
Active
9199 Olde 8 RD Northfield, OH 44067
UPDATED:
09/30/2024 05:37 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Northfield Orchard Gardens
MLS Listing ID 5035006
HOA Y/N No
Year Built 1920
Annual Tax Amount $14,584
Tax Year 2023
Lot Size 1.790 Acres
Acres 1.79
Property Description
Unique opportunity for a beautiful property located on very heavy traveled road on 3 green acres...lots of green space. Consists of a strip center with 5 units and a 3 bedroom and 3.5 bath home. County has house valued at 155K however comp's show average price is 272k. Owner is elderly and has not pushed rent increases or vacant unit rental. One unit rented at 1200 and the house at 400.00. House rental should be a minimum of 1500 - current tenant on month to month. So many opportunities to get this rented out and rents increased to market rent. The property is in A-1 shape and units are ready to rent out - property does show impeccably.
Location
State OH
County Summit
Interior
Heating Gas
Fireplace No
Exterior
Present Use Commercial,Investment,Residential
Schools
School District Nordonia Hills Csd - 7710
Others
Tax ID 4000183
Listed by Jonathan F Schaefer • CREO Real Estate Group • 216-509-6361 jjfschaefer@aol.com