Fairview Park, OH 44126

Commercial - Business MLS 5207624 New to the Market
Active $725,000
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Listed By

Agency Name: Howard Hanna
Agency Contact: jamiesamaha@howardhanna.com, 216-925-2063

Shown By

Agent Name: Karen Fitzpatrick
Agent Phone:
Agency Title: Cutler Real Estate

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Property Description

Excellent multifamily investment opportunity located on a quiet cul-de-sac in a desirable residential pocket of Fairview Park! This well-maintained 5-unit property offers strong tenant appeal with its low-traffic setting, residential feel, and stable occupancy, while also presenting a compelling value-add opportunity through future rent growth and increased cash flow potential. The building features a desirable unit mix of four 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all in great condition with several updates throughout. Each unit is equipped with its own separate furnace and wall A/C unit, helping minimize landlord utility expenses while providing added comfort and convenience for tenants. Additional highlights include 5 garages for supplemental income, a full basement with coin-operated laundry, generous storage space and storage lockers, plus a large bonus area that could function as a party room, recreational space, or potential future 6th unit (subject to buyer verification). A private backyard further enhances tenant appeal. Offering immediate cash flow, strong rental demand, and long-term upside potential, this is a rare opportunity to acquire a turnkey multifamily asset in one of Fairview Park's most desirable residential settings?ideal for both seasoned and first-time investors alike.

| MLS# 5207624

This commercial property located at , Fairview Park, OH 44126 is currently listed for sale with an asking price of $725,000. is located within the Fairview Park City school district. Search Fairview Park real estate on string.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Full
Basement: Yes
Cooling: Wall Unit(s)
Days on Market: 2
Heating: Forced Air
Lot Size: 0.41 Acres
Taxes: $19,054 / year
Year Built: 1963

Feature Descriptions

Building Features: Storage
Laundry: Coin-operated
Parcel#: 323-11-079
Parking: Garage
Patio/Porch: Patio
Sewer: Public Sewer
Units: 5
Water: Public

Local Schools

School District: Fairview Park City

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