Exp Realty, LLC.
Exp Realty, LLC.
Daniel McGarry, Exp Realty, LLC.Phone: (440) 749-2979
Email: [email protected]
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listing
1 of 12
CommercialFor Sale
$349,900
528 High Street
Fairport Harbor, OH 44077
Courtesy of HomeSmart Real Estate Momentum LLC
MLS: MLS Now
Est. Mortgage
$1,906/mo

Calling all investors: this five-unit building is the cash cow your portfolio has been waiting for. Each unit averages a monthly income of $976 for a total yearly gross income of $58,560. Conveniently nestled in the cute town of Fairport Harbor just down the road from beautiful Lake Erie Beaches, shopping, and family-owned restaurants. All apartments have separate electric panels. Currently, the units are rented utilizing the extended housing program or S-8. With a deficit of housing available for these programs, rates have increased dramatically. The 11.6% Cap Rate on this investment makes it a must have. Improvements include: new asphalt driveway, new back deck, updated hallway and steps, apt 4 completely renovated recently. Call today to schedule your showing.

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Information courtesy of HomeSmart Real Estate Momentum LLC is subject to verification and is not guaranteed.
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