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Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,430 sqft
Price per Sqft $125
Subdivision Edgewater Land Co
MLS Listing ID 5037927
Sold Date 08/15/24
Bedrooms 6
Full Baths 2
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,430
Year Built 1910
Annual Tax Amount $5,036
Tax Year 2023
Lot Size 6,076 Sqft
Acres 0.1395
Property Description
MASSIVE side by side duplex located in the EXTREMELY HOT Edgewater Neighborhood! This side by side double is ideal for the investor looking to take advantage of the appreciation and rent growth that's occurred in one of Cleveland's hottest neighborhoods, or for an owner occupant that wants proximity to some of Cleveland's best entertainment, employment, and west side / downtown hot spots! The property is located on a quiet street with fantastic proximity to Edgewater Park, downtown Cleveland, and all the entertainment on Detroit and Clifton Blvd and Ohio City. With vinyl siding, mostly vinyl windows and a solid roof, a new owner could easily cosmetically update the units and fetch premium rents, take advantage of the short term / mid term rental market, or occupy one unit and rent the other and have their mortgage paid for! Both units have 3 bedrooms and one full bathroom (one side has an additional half bathroom), with a large attic space! One side also has central AC. In addition, there's a garage space with enough room for 2 cars and separate basements. Property is completely vacant, allowing a buyer to get started right away! The county auditor's website states that there are no half baths and no AC but the owner states that there is a half bath in one of the units and that one unit has central AC.
Location
State OH
County Cuyahoga
Rooms
Basement Other
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Garage Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 001-16-134
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Maria A Dumitru-Brito • EXP Realty, LLC.