1516 E 86th Street, Cleveland, OH 44106
- $125,000
- 3
- BD
- 2
- BA
- 1,637
- SqFt
- List Price
- $125,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 121
- MLS#
- 5207415
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1900
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,637
- Acres
- 0.10
- Subdivision
- Wade Park
- Neighborhood
- Wade Park
- MLS Area Major
- Cleveland
Property Description
A great opportunity for this 3 bedroom, 1.5 bath home featuring a practical, functional layout that appeals to both owner occupants and investors. The property has a potential $2113 per month rent according to the CMHA determination, for a possible $25,000 in gross annual rents. Its prime location near Downtown Cleveland, University Circle, major hospitals, and key amenities offer excellent rental potential and long term upside in an area experiencing steady growth and redevelopment. The updated kitchen includes granite countertops and stainless steel appliances, complemented by newer vinyl windows throughout. The main level offers a convenient half bathroom and a flexible room that could be converted into an additional bedroom. Upstairs, three generously sized bedrooms and a renovated bathroom provide comfortable living space for families or tenants. Situated within the ongoing revitalization of the Wade Park area, offering easy access to parks, cultural institutions, and transportation.
Additional Information
- Interior Features
- Granite Counters
- Taxes
- $850
- Property Description
- Colonial
- Appliances
- Dishwasher, Range, Refrigerator
- Heating
- Forced Air
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Shingle
- Parking Features
- Asphalt
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Joseph Skerbec, joe@premierheights.com With Premier Heights Realty LLC
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