$219,900
1579 E 86th ST Cleveland, OH 44106
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$219,900
Est. payment /mo
4,800 Sqft Lot
UPDATED:
11/19/2024 05:14 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Crawford & Parmelees
MLS Listing ID 5043176
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,796
Tax Year 2023
Lot Size 4,800 Sqft
Acres 0.1102
Property Description
Welcome to a rare & exceptional redevelopment opportunity situated less than a mile from the renowned Cleveland Clinic main campus! This vacant property comes with fully developed plans for an interior renovation, transforming the current 6-unit structure into 12 modern units. The comprehensive architectural design drawings outline the creation of (3) 1-bedroom units and (9) 2-bedroom units, making this a prime investment in a rapidly gentrifying neighborhood. With projected rents catering specifically to the influx of medical professionals from the Cleveland Clinic, this property has potential for substantial returns. Inquire today for further details and seize this unique chance to invest in a high-demand area.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Hot Water, Steam
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Roof Type Composition,Flat
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 107-16-172
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687
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