1558 Ivydale RD new

Cleveland Heights,OH 44118

$ 314900

8 Beds

3 Baths

3696 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,696 sqft

Price per Sqft $85

Subdivision Euclid

MLS Listing ID 5095543

Bedrooms 8

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 3,696

Year Built 1922

Annual Tax Amount $9,230

Tax Year 2023

Lot Size 6,952 Sqft

Acres 0.1596

Property Description

Investors, don't miss this rare opportunity in the highly desirable Cleveland Heights neighborhood! This massive duplex offers incredible potential with one 3-bed, 1-bath unit and one 5-bed, 2-bath unit. The upper unit is already cash-flowing at $1,700/month on a month to month lease, while the recently vacated lower unit showcases stunning hardwood floors and needs only minor updates to achieve an estimated $1,600/month in rent OR live in one unit and rent the other to pay your mortgage down for you! Located just minutes from the coveted Coventry Village, filled with trendy bars, restaurants, and shopping, this property is perfectly positioned for strong demand. The Point of Sale inspection has recently been completed and will be reordered upon offer acceptance. Don't wait—opportunities like this don't last long! **Owner states that there are 8 bedrooms and 3 bathrooms while the county website states that there are 7 bedrooms and 2 bathrooms.

Location

State OH

County Cuyahoga

Rooms

Basement Full,Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Detached,Garage

Garage Spaces 3.0

Garage Description 3.0

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 684-32-087

Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan

Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan

Special Listing Condition Standard

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