5432 State RD, Parma, OH 44134
5432 State RD, Parma, OH 44134
5432 State RD, Parma, OH 44134
5432 State RD, Parma, OH 44134
5432 State RD, Parma, OH 44134
5432 State RD, Parma, OH 44134
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Tom Garuccio

Tom Garuccio

+1(440) 754-7449
$ 210,000
Est. payment | /mo

3 Beds

2 Baths

4,987 Sqft Lot

Save
$ 210,000
Est. payment | /mo
Save

3 Beds

2 Baths

4,987 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision George Blake

MLS Listing ID 5167940

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,698

Tax Year 2024

Lot Size 4,987 Sqft

Acres 0.1145

Property Sub-Type Duplex

Property Description

Introducing a rare investment opportunity in a thriving community! This mixed-use property in Parma features a hair and nail salon on the ground floor, along with a spacious three-bedroom apartment above. This unique property combines the benefits of a stable commercial tenant with the potential for reliable residential rental income. The recently renovated hair and nail salon has just signed a two-year lease ($1200 a month), ensuring a consistent income stream for the new owner. The attractive storefront and prime location offer excellent visibility and foot traffic, contributing to the ongoing success of the business. The second floor is home to a beautifully maintained three-bedroom apartment, providing ample space and modern amenities for tenants and recently updated through out. With a spacious living area, well-appointed kitchen, and generous bedrooms, this apartment offers comfortable living in a convenient location. Investors seeking a diversified revenue stream and a prime location in a bustling neighborhood. Take advantage of the stable commercial tenant, the updated residential unit, and the property's excellent visibility to secure a strong return on your investment.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Lot

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Parma Csd - 1824

Others

Tax ID 443-30-135

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Chris Kilbane • Russell Real Estate Services • chriskilbanesells@gmail.com, 440-915-8257

Nearby Locations

Tom Garuccio

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(440) 754-7449

tom@garucciogroup.com

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5432 State RD