USAOHClevelandBeachland Allotment608 E 185Th St
608 E 185 Th St, Condo with 0 bedrooms, 0 bathrooms and null parking in Cleveland OH | Image 1
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$299,900

608 E 185 Th St, Cleveland, OH

Condo

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size  sqft
Garage No
Maintenance Fees 
Taxes $5,454
Days Active 1
Approx. Age 1927
MLS® Number 5141714

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Incredible opportunity to acquire a fully occupied mixed-use property on East 185th Street in Cleveland, Ohio, just outside of Euclid. This cash-flowing asset features four commercial storefronts and a duplex on the same lot, with all units currently leased. The commercial spaces are slightly under market rent, each averaging $750/month, offering immediate upside on renewals. The duplex consists of two one-bedroom, one-bath units—one leased at $625/month through 11/30/2025, and the other at $575/month through 7/31/2026. A brand-new roof is being installed on the commercial building, reducing future capital expenditures for the new owner. Based on current financials, the property is operating at an 8%+ cap rate, with a clear path to double-digit returns through modest rent increases. This is a rare, low-maintenance, income-producing asset in a high-visibility location ideal for any investor seeking strong in-place cash flow with value-add potential.Show Description
MLS® Number5141714
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1927
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Gas
A/CNone
Heating Fuel

Extras

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