4755 Pearl Road Cleveland, OH $ 560,000
4755 Pearl Road
$ 560,000
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4755 Pearl Road

Cleveland, OH, 44109
$ 560,000
Baths0.0 Sq 23,046

Monthly Estimate*

$ 3,912

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Studio

Pending for sale in Cleveland, OH

for $560,000. This 23,046 square foot home was built in 1956 on a lot size of 1.3.

This is a unique opportunity to own a large income producer in an up and coming area . The building was previously ran as a 40 unit hotel. Currently the building is vacant. Some demo work has been started to convert the units into 29 apartments, All of the units have been gutted. A large retail building is also located on the property. This building is large enough to host a laundromat, restaurant, gym, party room or a combination of all. Three parcels are included adding up to 1.30 acres. Plenty amount of parking space plus two large garages and even an area that would be great for a dog park. Located minutes to downtown, major hospitals, shopping, great restaurants and all major freeways. New roof (tear off) was installed along with exterior lighting. Owner willing to offer creative financing.

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Pending Pending

Price

$ 560,000

Bedrooms

Studio

Property Type

Pending

Taxes

$ 8,288

Style

Lot Size

1.3

Year Built

1956

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

4481450

Features
General
Possession DeliveryOfDeed
Roof Asphalt Fiberglass
Year Built 1956
Township Cleveland
Property SubType MixedUse
Additional Parcels Description 011-12-009 011-12-051
County Cuyahoga
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Brooklyn
Garage Y/N N
Status Pending
Directions On Pearl North of Brookpark.
City Cleveland
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
High School District Cleveland Municipal - 1809
Total Units 29
Waterfront Y/N N
Carport Y/N N
Street Name Pearl
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8288.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 195
Standard Status Pending
Occupancy Description Vacant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Property Sub Type Additional MixedUse
Legal Description 42 NEC OAK PK AVE 01112050
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Exterior
Parking Features Paved
Lot Size Area 1.3
Spa N
Building Area Total 23046.0
Lot Size Acres 1.3
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 23046.0
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Owner
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Internal Only
Street Number 1 4755
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* Excluded Features
List By
Clorice L Dlugos

Listing Agent

Mcdowell Homes Real Estate Services

Broker

cloricedlugos@gmail.com

Email

Affordability Calculator

$4,602
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,912
Monthly Property Taxes
$691
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2024$560,000 -6.67% Price Down
11/15/2023$600,000 -14.29% Price Down
9/14/2023$700,000 -30.00% Price Down
8/10/2023$1,000,000 Listed Price

Map


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4755 Pearl Road, Cleveland, OH, 44109 is a Pending for sale at $560,000 with 23,046 sqft and a lot size of 1.3. 4755 Pearl Road is a studio with 0.0 baths and was built in 1956. The property's zip code is 44109 which is in Cleveland, OH