5940 Engel Avenue, Cleveland, OH 44127

$83,750
5
BD
3
BA
2,414
SqFt

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Sold Price
$83,750
List Price
$99,000
Status
CLOSED
Days on Market
65
Closing Date
May 16, 2024
MLS#
5023512
Subtype
Residential Income
Year Built
1905
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,414
Acres
0.10
Subdivision
Canfield Ray Bowen Allotment
Neighborhood
Canfield Ray Bowen Allotment
MLS Area Major
Cleveland

Property Description

Welcome to an outstanding investment opportunity in the heart of a thriving neighborhood! This 3-family property is a fantastic investment for both investors and owner occupants. Most of the work here has been done! Boasting updated cabinets, countertops, flooring, fixtures, bathrooms and more. Roof replaced August 2023, some new HVAC, and recently re-wired and new plumbing. There is still room for further enhancements so bring your creativity! With three separate units, the property presents diverse income opportunities, catering to both long-term tenants and short-term leasing strategies. Its convenient location ensures easy access to amenities and transportation, adding to its appeal. Whether you're a seasoned investor or a newcomer to the real estate market, this property holds promise for long-term appreciation and financial growth. Selling as-is. Front down unit occupied $750/month rent.

Additional Information

Taxes
$1,040
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway, Off Street, On Street
School District
Cleveland Municipal - 1809

Listing Courtesy of: Jessica L Ivans, JGioitta@KW.com With Keller Williams Greater Metropolitan

Selling Office: VSD Realty, LLC..

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