$444,000
Active Under Contract
86 Days Online
8 Beds2 Baths3,588 SQFT
Active Under Contract

1498 E 118th Street Cleveland, OH 44106

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Welcome to this completely renovated multi-family colonial located in the booming neighborhood of University Circle. With just 5 minutes from Case Western Reserve, Cleveland Clinic, UH Hospital, Cleveland Musuem of Art, Cleveland History Musuem, and various attractions, the location speaks for itself! This property features two units that hold 4 bedrooms and two full bathrooms each, giving the property a total of 8 bedrooms and 4 bathrooms. The units are designed to rent by the room. Each room is marked with a number to avoid any confusion and equip with a lockbox outside every door to give tenants the utmost privacy. The property is fully occupied bringing in $4, 700 a month. Both units mirror one another and are identical. On the top floor you will find a secluded bedroom and bathroom that is being rented at $650 a month. On the second floor you will find three more bedrooms, and another full bathroom. The larger of the three rooms are being rented at $600 a month, and the two smaller are $550 a month. Both occupied rooms are on short term leases. The property has been completely renovated with brand new windows, roof, electrical, mechanicals, and plumbing. Property will also be sold fully furnished! Property is tax abated for the next 15 years!

  • Property TypeMulti-Family
  • NeighborhoodMccaslin
  • CountyCuyahoga
  • Taxes$790
  • HOA/Condo/Coop Fees$0
  • Days on Site85 Days
  • MLS StatusActive Under Contract
  • MLS ID Number5020284
  • Home Size Source Assessor
  • Year Built1910
  • Lot Size0.0817 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Construction Vinyl Siding
  • Parking Additional ParkingGravelOff StreetOn Street
  • Sewer Public Sewer
  • Basement Partially Finished
  • Number of Stories Three Or More
  • Acreage 0.0817
  • Water Public
  • Property Sub Type Duplex
  • Attached Garage No

Interior Features

  • Cooling Ceiling Fans
  • Heating Forced Air
  • Appliances DryerDishwasherMicrowaveRangeRefrigeratorWasher
  • Interior Open FloorplanRecessed Lighting
  • Laundry Features In Basement

Exterior Features

  • Roof Shingle
  • Waterfront Property No

Community Features

  • Township Cleveland

Schools

School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,349
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