11 3rd Avenue Berea, OH ^$ 350,000

11 3rd Avenue

^$ 350,000

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11 3rd Avenue

Berea, OH, 44017

^$ 350,000

Studio Baths0.0

Monthly Estimate*

^$ 2,326

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Studio

Commercial Property for sale in Berea, OH

for $350,000. This building was built in 1929 on a lot size of 0.1527.

Solid Brick Building in need of updates and repair walking distance to Baldwin Wallace University, Downtown Berea, Shops & Restaurants, Parks, Churches and Browns Training Camp. Building was originally designed to be 4 one bedroom units but was converted to 2 one bedroom units, 2 Efficiency Units and 2 Studios. Most tenants are on a month to month lease. New gutters just recently installed, roofing in the past 5 years, 4 of the units feature a rear balcony, 4 units feature decorative fireplaces. Two of the units need complete updating.

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,488

Style

Lot Size

0.1527

Year Built

1929

Town/City

Berea

County/Region

Cuyahoga

MLS | Web ID

5018207

Features

General

Sewer PublicSewer

Heating Gas HotWater Steam

Cooling None

Possession DeliveryOfDeed

Roof Asphalt Fiberglass Flat

Year Built 1929

Stories 2

Township Berea

Levels Two

Property SubType Apartment

Tax Year 2023

Current Use MultiFamily

County Cuyahoga

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Subdivision Name University Allotment

Garage Y/N N

Status Active

Directions North of Bagley Road South of Emerson East off of Front Street

City Berea

View Y/N N

Senior Community Y/N N

High School District Berea CSD - 1804

Total Units 4

Waterfront Y/N N

Carport Y/N N

Street Name 3rd

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 9488.0

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 12

Building Area Units SquareFeet

Standard Status Active

Middle/Junior School District Berea CSD - 1804

Elementary School District Berea CSD - 1804

Year Built Source PublicRecords

Property Sub Type Additional Apartment

Legal Description 18 UNIVERSITY S/L2EP 0001 EP 36216007

Interior

Basement CommonBasement Full StorageSpace

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

Main Level Bathrooms 0

Total Baths 0

Living Area Units SquareFeet

Exterior

Fencing Partial

Parking Features Paved

Water Source Public

Lot Size Area 0.1527

Foundation Details Basement Block

Number of Buildings 1

Spa N

Building Area Total 3024.0

Lot Size Acres 0.1527

Lot Size Units Acres

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 11

* Excluded Features

List By

Corinne L Bozin-Grizzell

Listing Agent

Hotdoors, Llc

Broker

MoveWithGrizzell@gmail.com

Affordability Calculator

$3,117

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $791
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Commerical listings in Berea, OH

Average List Price ^$446,667

Percent of Sale Price 28%

About Berea, OH

19,052 Population

0% Since 2002

^$58,297 Median Income

37.43 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457732 Elementary School

4457436 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/17/2024	$350,000		Listed Price

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11 3rd Avenue, Berea, OH, 44017 is a Commercial Property for sale at $350,000 with a lot size of 0.1527. 11 3rd Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 44017 which is in Berea, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/29/2024.

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11 3rd Avenue

Commercial Property for sale in Berea, OH

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