USAOHClevelandCody15557 Lake Shore Blvd
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$399,900

Sold

2 months ago

15557 Lake Shore Blvd, Cleveland, OH

House

MLS® 5217231

Buyer represented by Non-Member Non-Member of Non-Member

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $6,701
Lot Size 0.1476 Acres
Approx. Age 1900
MLS® Number 5217231

Property Address: 15557 Lake Shore Blvd, Cleveland, OH, 44110-1116

Average square foot calculated using Size range provided by listing agent.

Description

FULLY OCCUPIED Spacious mixed-use investment opportunity offering strong cash flow and long-term upside. This well-maintained property features three residential units and two commercial storefronts, creating a diversified income stream for investors seeking stability and growth. The residential component includes two 2-bedroom units and one 1-bedroom unit, while the commercial spaces provide additional income from established tenants. With current rents generating over $54, 000 in gross annual income and an estimated 9% cap rate at the asking price, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid performing asset to their portfolio. The units have been well cared for, helping minimize immediate capital expenditures while providing reliable income from day one. Adding to its appeal, the property offers rear lake views, providing a unique feature rarely found in mixed-use properties and enhancing tenant appeal. Conveniently located near local amenities, shopping, dining, and major transportation routes, this property is positioned to continue attracting both residential and commercial tenants. Whether you're looking to expand your portfolio or secure a cash-flowing asset with a strong return, this mixed-use building deserves a closer look. SELLING AS-IS
MLS® Number5217231
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air
A/C

Extras

Price History

Aug 4, 2026End Date
$375,000Sold Price

Sold

Jun 8, 2026List Date
$399,900List Price
  • Commute

Commute

Starting Address
Destination Address
15557 Lake Shore Blvd, Cleveland, OH

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