3 Beds
3 Baths
1,472 sqft
$155,000
7970 Mentor Avenue O7, Mentor OH, 44060
Price per sqft$105.30
Built in1972
Property size1,472 sqft
Property typeCondominium
Overview
Active
Listed Nov 11, 2026
Updated 9h ago
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.
$1,031/mo
Est. mortgage payment based on a $155,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5260322
Interior Features
- Bedrooms
- 3
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $1,512
- Tax Frequency
- Annually
- Association Fee Frequency
- Monthly
- Secondary Association Fee
- $512
- Secondary Association Fee Frequency
- Monthly
- Garage
- Yes
- Municipality
- Mentor
- Pets Allowed
- Yes
Courtesy of Platinum Real Estate
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christopher Wertz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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