Cleveland, OH 44106,2186 E 89th ST
Cleveland, OH 44106,2186 E 89th ST
Cleveland, OH 44106,2186 E 89th ST
Cleveland, OH 44106,2186 E 89th ST
Cleveland, OH 44106,2186 E 89th ST
Cleveland, OH 44106,2186 E 89th ST
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$166,000

$150,000

10.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7 Beds

3 Baths

3,011 SqFt


SOLD DATE : 12/19/2024

Key Details

Sold Price $166,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,011 sqft

Price per Sqft $55

MLS Listing ID 5085536

Sold Date 12/19/24

Bedrooms 7

Full Baths 3

Construction Status Fixer

HOA Y/N No

Abv Grd Liv Area 3,011

Year Built 1905

Annual Tax Amount $3,050

Tax Year 2023

Lot Size 7,753 Sqft

Acres 0.178

Property Description

Located just minutes from Cleveland Clinic and the VA Hospital, this triplex is nestled in a thriving opportunity zone and just seconds from exciting new construction developments. The property features three units: a 3-bedroom, 1-bathroom unit; a 3-bedroom, 1-bathroom unit; and a studio apartment with 1 bedroom and 1 bathroom. With minor rehab finishes, this property is ready for an investor's vision to maximize its potential.

Fair market rents offer an estimated monthly rental income of $1,908 per larger unit and $1,248 for the studio apartment, for a total monthly income of $5,064 and an annual rental income of $60,768. This is a fantastic opportunity to generate significant passive income while capitalizing on the appreciation of a rapidly developing area. Schedule your showings today!

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan(s)

Heating Gas

Cooling None

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Fixer

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 119-31-014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Alexys Jones • Keller Williams Greater Metropolitan • alexysjones@kw.com 440-694-5551
Bought with Christine Revay • Real Brokerage Technologies, Inc.
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