Excellent investment opportunity in the heart of Mentor! This spacious three-bedroom, three-bath condominium offers approximately 1,400 square feet of living space with an established tenant in place and an attractive estimated 10% cap rate. Conveniently located within half a mile of Mentor’s popular retail and dining corridor, the property offers easy access to Interstate 90 and State Route 2, along with nearby shopping, restaurants, employers, and everyday amenities.
The three-bedroom layout provides an appealing alternative to traditional apartment living in an area where rental opportunities offering this amount of space are limited. With continued demand for well-located rental properties and an existing tenant who has expressed interest in remaining for several years, this is an excellent opportunity for an investor looking to add an income-producing property to their portfolio. The property is being sold as-is with the existing tenancy to remain. Additional financial information and showing details are available through the co-listing agent.
- $155,000
- 3Bd
- 3Ba
- 1,472 Sq Ft
New 3 Days