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$ 289,900
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Price Dropped by $10K
3568 Fulton RD Cleveland, OH 44109
3,950 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Taylor
MLS Listing ID 5243603
HOA Y/N No
Year Built 1910
Annual Tax Amount $943
Tax Year 2025
Lot Size 3,950 Sqft
Acres 0.0907
Property Sub-Type Mixed Use
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.
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.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air, Gas, Hot Water, Steam
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features None
Fence Back Yard, Fenced
Water Access Desc Public
Roof Type Asphalt,Built-Up,Fiberglass
Present Use Mixed Use
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 015-12-124
Special Listing Condition Standard
Listed by Jeffrey Smith • Berkshire Hathaway HomeServices Professional Realty • jeffshomes55@gmail.com, 419-239-3472