1579 E 86th ST Pending

Cleveland,OH 44106

$ 219900

- Bed

0 Bath

0 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Crawford & Parmelees

MLS Listing ID 5043176

Year Built 1920

Annual Tax Amount $2,796

Tax Year 2023

Lot Size 4,800 Sqft

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

Interior

Heating Hot Water,Steam

Cooling None

Exterior

Roof Type Composition,Flat

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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