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9199 Olde 8 Road Northfield, OH $ 690,000
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9199 Olde 8 Road
$ 690,000
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9199 Olde 8 Road

Northfield, OH, 44067
$ 690,000
Baths0.0

Monthly Estimate*

$ 4,820

9199 Olde 8 Road, Northfield, OH 44067 - Image 1
9199 Olde 8 Road, Northfield, OH 44067 - Image 2
9199 Olde 8 Road, Northfield, OH 44067 - Image 3
9199 Olde 8 Road, Northfield, OH 44067 - Image 4
9199 Olde 8 Road, Northfield, OH 44067 - Image 5
9199 Olde 8 Road, Northfield, OH 44067 - Image 6
9199 Olde 8 Road, Northfield, OH 44067 - Image 7
Studio

Commercial Property for sale in Northfield, OH

for $690,000. This building was built in 1920 on a lot size of 1.79.

Unique opportunity for a beautiful property located on very heavy traveled road on 3 green acres...lots of green space. Consists of a strip center with 5 units and a 3 bedroom and 3.5 bath home. County has house valued at 155K however comp's show average price is 272k. Owner is elderly and has not pushed rent increases or vacant unit rental. One unit rented at 1200 and the house at 400.00. House rental should be a minimum of 1500 - current tenant on month to month. So many opportunities to get this rented out and rents increased to market rent. The property is in A-1 shape and units are ready to rent out - property does show impeccably.

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Commercial Active

Price

$ 690,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,584

Style

Lot Size

1.79

Year Built

1920

Town/City

Northfield

County/Region

Summit

MLS | Web ID

5035006
Features
General
Heating Gas
Possession ClosePlus30Days
Year Built 1920
Township Northfield Village
Property SubType MixedUse
Tax Year 2023
Current Use Commercial Investment Residential
County Summit
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Northfield Orchard Gardens
Garage Y/N N
Status Active
Directions By intersection of 82 and Brandywine
City Northfield
Buyer Agent Compensation 2
Disclosures PrincipalisRealEstateLicensed
View Y/N N
Senior Community Y/N N
High School District Nordonia Hills CSD - 7710
Waterfront Y/N N
Carport Y/N N
Street Name Olde 8
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 14584.0
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 13
Standard Status Active
Middle/Junior School District Nordonia Hills CSD - 7710
Elementary School District Nordonia Hills CSD - 7710
Property Sub Type Additional MixedUse
Buyer Agent Compensation Type Other
Legal Description LOT 46 SUBS 42 43 E OF RD NFLD ORCH GDNS& PT VAC RD 2.040A
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Exterior
Lot Size Area 1.79
Spa N
Lot Size Acres 1.79
Lot Size Units Acres
Lot Size Source Appraiser
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 Y
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Internal Only
Street Number 1 9199
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* Excluded Features
List By
Jonathan F Schaefer

Listing Agent

Creo Real Estate Group

Broker

jjfschaefer@aol.com

Email

Affordability Calculator

$6,035
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,820
Monthly Property Taxes
$1,215
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
THE TIME TO SELL IS NOW!
Nearby
4457635 Elementary School
4457375 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2024$690,000 Listed Price

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9199 Olde 8 Road, Northfield, OH, 44067 is a Commercial Property for sale at $690,000 with a lot size of 1.79. 9199 Olde 8 Road is a studio with 0.0 baths and was built in 1920. The property's zip code is 44067 which is in Northfield, OH

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