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Map
$250,000
↓ $49K (16.4%)
●
Multifamily -
For Sale
7910 Lake Avenue
Cleveland, OH 44102
Studio
0 Bath
4224 Sqft
$1,358
Estimated Monthly
$0
HOA / Fees
2.89%
Cap Rate
About This Property
Build whatever you can dream! This sizable property sits adjacent
to Gordon Square, 78th Street Studios and down the street from
Edgewater Park. The land is zoned commercial and is in the overlay district, meaning it can be designed to be 4 stories over podium. Build your dream home (and multi-car garage) or build your dream investment property (the land can fit 4-5 townhomes, as an example). See photos & supplements for architectural drawings and more. The owner has architectural drawings for a 2-unit building plus carriage house / garage; and also a 5-unit townhome layout. The current building on the property would require significant renovations or can be torn down -- Seller has more information on tear down; inquire if interested.
Zoning is commercial & is also in the new form-based code overlay district.
The manager has listed the unit size as 4224 square feet.
Edgewater Park. The land is zoned commercial and is in the overlay district, meaning it can be designed to be 4 stories over podium. Build your dream home (and multi-car garage) or build your dream investment property (the land can fit 4-5 townhomes, as an example). See photos & supplements for architectural drawings and more. The owner has architectural drawings for a 2-unit building plus carriage house / garage; and also a 5-unit townhome layout. The current building on the property would require significant renovations or can be torn down -- Seller has more information on tear down; inquire if interested.
Zoning is commercial & is also in the new form-based code overlay district.
The manager has listed the unit size as 4224 square feet.
Unit Size
4,224Ft²
Days on Market
55 days
Land Size
0.13 acres
Price per sqft
$59
Property Type
Multifamily
Property Taxes
$130
HOA Dues
-
Year Built
1921
Listed By
Last updated: 23 days ago (NEOHREXOH #5023173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2024 | Price Decreased |
$250,000
↓ $49K
(16.4%)
|
|
| Price Decreased | |||
| Mar 13, 2024 | Listed by EXP Realty | $299,000 | |
| Listed by EXP Realty | |||
Property Highlights
Exterior Details
Exterior Information
Wood Siding
7910 Lake Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
5
Beds
2
Baths
2,140 ft²
$129/ft²
$275,000
Apr 16, 2024
-
$123/mo
In Contract
Triplex
3
Beds
3
Baths
2,045 ft²
$130/ft²
$265,000
Mar 13, 2024
-
$260/mo
Active
Condo
2
Beds
1.5
Baths
1,846 ft²
$157/ft²
$290,000
Mar 29, 2024
-
$657/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
