1579 E 86th ST Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44106
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