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Listed price in listed location currency (USD).
$330,000
$349,900

000

MLS® 5119854

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $7,036
Approx. Age 1910
MLS® Number 5119854

Property Address: 528 High St, Fairport Harbor, OH, 44077-5670

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

Description

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.
MLS® Number5119854
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Jun 10, 2025End Date
$330,000Sold Price

Sold

May 15, 2025List Date
$349,900List Price
  • Commute

Commute

Starting Address
Destination Address
528 High St, Fairport Harbor, OH

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