2163 E 84th ST Pending

Cleveland,OH 44103

$ 215000

6 Beds

4 Baths

2104 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,104 sqft

Price per Sqft $102

MLS Listing ID 5098424

Bedrooms 6

Full Baths 4

Construction Status Fixer,Updated/Remodeled,Under Construction

HOA Y/N No

Abv Grd Liv Area 2,104

Year Built 1900

Annual Tax Amount $813

Tax Year 2024

Lot Size 4,181 Sqft

Acres 0.096

Property Sub-Type Quadruplex

Property Description

Prime investment opportunity! This quadplex has undergone extensive renovation. Significant capital improvements completed between 2021-2024 include a new roof, 4 new furnaces, 4 new hot water tanks, all new windows, all new electrical panels, and substantial plumbing upgrades. While the property is being sold "as-is" and still requires TLC, the most expensive portions of the renovation have already been completed. For subsidized housing in this zip code, CMHA will pay up to $1,129 for a 2 bedroom unit, and up to $937 for a 1 bedroom unit. With two 2 bedroom units and two 1 bedroom units, this property can rent for $4,132 monthly, making this a lucrative investment. In a location with strong rental demand, this property is ideal for investors practicing the BRRR method.

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement,Full,Interior Entry,Storage Space,Unfinished

Interior

Heating Forced Air,Gas

Cooling None

Fireplace No

Exterior

Parking Features Common,Driveway,No Garage

Fence None

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Accessibility None

Private Pool No

Building

Lot Description City Lot,Flat,Level,Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Fixer,Updated/Remodeled,Under Construction

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 119-29-128

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