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5432 State Rd

Parma OH 44134

3
2
0.11 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
0.11 ac. lot size
Duplex

Property history for 5432 State Rd

2018
Sold
$70,000
Sold by Set Date on 09 Jan 2018 by Igor Kutsar

Happy sellers in Parma

~%

We have insufficient information to provide an overview of customer satisfaction for Parma. Viewing the agent profiles, reviews and sales for Parma can provide insights for this location.

Local market activity for 3 bedroom duplexes in Parma

In the last 12 months, 1 three-bedroom duplex similar to 5432 State Rd, have been sold.

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Sales:
(619) 566-0008
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