Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1910
Sq.Footage
1,856
Mixed-Use Investment Opportunity Daycare and Residential Apartments! Excellent income-producing opportunity at 3568 Fulton Rd in Cleveland, featuring a first-floor commercial daycare center with residential apartments on the second floor. The established daycare space currently rents for $2,400 per month. Upstairs, Unit #2 rents for $400 per month, while Unit #3 rental income is $1,200 per month, providing a total potential gross income of $4,000 per month / $48,000 annually. The property features gas forced-air heat, with tenants responsible for their own gas and electric utilities. The owner currently pays water, garbage, property taxes, and insurance. This unique mixed-use property offers multiple income streams under one roof and could be a strong addition to an investor's portfolio. With commercial and residential rental income combined, the property provides an excellent opportunity for both current cash flow and future income potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air, Hot Water, Steam
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0907
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$329,900
-
Tax Amount
$943.37
-
Sq. Footage
1,856
-
Price/SqFt
$177
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
Cleveland Municipal - 1809
-
High School
Cleveland Municipal - 1809
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
Cleveland Municipal - 1809
High School
Cleveland Municipal - 1809
Listing Courtesy of Jeffrey Smith, Berkshire Hathaway HomeServices Professional Realty
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AGENT
Gregory Sharier
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