3568 Fulton Road, Cleveland, OH 44109
- $329,900
- List Price
- $329,900
- Status
- ACTIVE
- MLS#
- 5243603
- Year Built
- 1910
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Taylor
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.
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Additional Information
- Taxes
- $943
- Acres
- 0.09
- Sewer
- Public Sewer
- Roof
- Asphalt, Built-Up, Fiberglass
- Water
- Public
- Heating
- Forced Air, Gas, Hot Water, Steam
- Cooling
- Window Unit(s)
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Jeffrey Smith, jeffshomes55@gmail.com With Berkshire Hathaway HomeServices Professional Realty
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