3568 Fulton Road, Cleveland, OH 44109

$329,900

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List Price
$329,900
Status
ACTIVE
Days on Market
1
MLS#
5243603
Subtype
Commercial Sale
Year Built
1910
Acres
0.09
Subdivision
Taylor
Neighborhood
Taylor
MLS Area Major
Cleveland

Property Description

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.

Additional Information

Taxes
$943
Heating
Forced Air, Gas, Hot Water, Steam
Air Conditioning
Window Unit(s)
Roof
Asphalt, Built-Up, Fiberglass
Parking Features
None
School District
Cleveland Municipal - 1809

Listing Courtesy of: Jeffrey Smith, jeffshomes55@gmail.com With Berkshire Hathaway HomeServices Professional Realty

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