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2227 E 85th ST Cleveland, OH 44106
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Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $94
Subdivision W B Newcombs Allotment
MLS Listing ID 5031675
Sold Date 06/20/24
Bedrooms 6
Full Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 1,792
Year Built 1910
Annual Tax Amount $1,470
Tax Year 2023
Lot Size 3,720 Sqft
Acres 0.0854
Property Description
Renovated duplex on the doorstep of the world renowned Cleveland Clinic! This hands free, cash-flowing investment is 100% occupied meaning a new owner will be seeing immediate returns. The downstairs unit has 2 beds and 1 bath and is currently renting for $900/month on a lease that expires 4/30/25. The upstairs unit, with 4 beds and 2 baths, is currently rented under market for $1,050/month on a month to month basis. The property is also Lead Safe Certified - one less thing to worry about for a prospective new owner! Tenants are responsible for individual gas and electric bills, while water/sewer is covered by the owner. The owner also takes care of grass cutting, but snow removal is the tenant's responsibility. Perfect mid-term rental opportunity for traveling nurses, doctors, students due to proximity of the Cleveland Clinic Main Campus! Auditor's website states 5 total bedrooms and 2 bathrooms but the owner states that there are 6 total bedrooms and 3 bathrooms.
Location
State OH
County Cuyahoga
Rooms
Basement Partial
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features On Site
Water Access Desc Public
Roof Type Slate
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 119-29-053
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Other
Special Listing Condition Standard
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Bought with Danielle McCandless • Keller Williams Living