5432 State Road, Parma, OH 44134

$210,000
3
BD
2
BA

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List Price
$210,000
Status
PENDING
Stories
2
MLS#
5167940
Year Built
1930
Price Change
▼ $5,000 1766537749
Bedrooms
3
Bathrooms
2
Region
Parma
Township
Parma
Subdivision / Building
George Blake

Property Description

Introducing a rare investment opportunity in a thriving community! This mixed-use property in Parma features a hair and nail salon on the ground floor, along with a spacious three-bedroom apartment above. This unique property combines the benefits of a stable commercial tenant with the potential for reliable residential rental income. The recently renovated hair and nail salon has just signed a two-year lease ($1200 a month), ensuring a consistent income stream for the new owner. The attractive storefront and prime location offer excellent visibility and foot traffic, contributing to the ongoing success of the business. The second floor is home to a beautifully maintained three-bedroom apartment, providing ample space and modern amenities for tenants and recently updated through out. With a spacious living area, well-appointed kitchen, and generous bedrooms, this apartment offers comfortable living in a convenient location. Investors seeking a diversified revenue stream and a prime location in a bustling neighborhood. Take advantage of the stable commercial tenant, the updated residential unit, and the property's excellent visibility to secure a strong return on your investment.

Additional Information

Taxes
$3,698
Acres
0.11
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air
Cooling
Central Air
School District
Parma CSD - 1824

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Listing Courtesy of: Chris Kilbane, chriskilbanesells@gmail.com With Russell Real Estate Services

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