560 E 200th ST, Euclid, OH 44119
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560 E 200th ST, Euclid, OH 44119
560 E 200th ST, Euclid, OH 44119
560 E 200th ST, Euclid, OH 44119
560 E 200th ST, Euclid, OH 44119
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Joseph Luckino

Joseph Luckino

+1(740) 632-9111
$ 300,000
Est. payment /mo
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Active

560 E 200th ST Euclid, OH 44119

4,639 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Monterey Heights

MLS Listing ID 5249428

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1928

Annual Tax Amount $4,607

Tax Year 2025

Lot Size 4,639 Sqft

Acres 0.1065

Property Sub-Type Retail

Property Description

Mixed-use investment on Euclid's E 200th St commercial corridor. This two-story brick building has two street-level retail storefronts and three apartments on one title, giving you both residential and commercial income from a single asset. Apartment rents are $625–$649/mo, and the pro forma assumes $999/mo per storefront, for gross scheduled income of $46,764/yr. Using 5% vacancy and 8% management, projected NOI is $27,830, a 9.3% cap rate at list price. With 25% down at 7% on a 30-year loan, projected DSCR is 1.55 and cash-on-cash return is 13.2%. Retail space updated with new flooring and restroom. Full basement. On-site parking. Professionally managed. Rent roll and leases available to qualified buyers.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Asphalt, Concrete, Detached, Garage, Off Street

Fence None

Water Access Desc Public

Roof Type Built-Up,Composition,Tile

Present Use Mixed Use,Residential,Retail,Single Family

Total Parking Spaces 3

Building

Story 2

Foundation Basement, Block

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Euclid Csd - 1813

Others

Tax ID 641-15-026

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Irina Kleyner • Smartland, LLC. • 440-374-8403, realty@smartland.com

NEARBY SCHOOL & BUSINESS

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Joseph Luckino

Joseph Luckino

Broker License ID: C2015005262

+1(740) 632-9111

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560 E 200th ST