Address
881 Eddy Rd, Cleveland, OH
Price
$ 344,900
Property Attributes
  • MLS#4414904
  • TypeCommercial
  • CountyCUYAHOGA
  • CityCleveland
  • NeighborhoodForest Hill Pkwy
  • Zip44108
  • StyleApartment
  • Price$ 344,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7641
Data Source:
MLSNow
Property Description

Located Minutes From Downtown, There are 5- 2 Bedrooms and 4- 1 Bedrooms Currently Only 2 Vacant Units, Professional Property Management is in Place. Become an Investor Overnight and Start Your Rental Portfolio. Each Unit Has Its Own Furnace and Water Tank. There are 5- 2 Bedrooms and 4- 1 Bedrooms.

Price History
10/10/2022 Listed $399,000
1/30/2023 13% - $349,900
3/30/2023 2% - $344,900

General Features

Additional Parcels Y/N No
Association Y/N No
Basement Partial, Unfinished
Buyer Agent Compensation 2
Cap Rate 7.0
Carport Y/N No
City Cleveland
Cooling None
County Cuyahoga
Directions Off of Eddy South of Euclid
Garage Y/N No
Heating ForcedAir, Gas
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels ThreeOrMore
Mobilehomeremainsyn No
Net Operating Income 27180.0
New Construction No
Ownerpays Sewer, TrashCollection, Water
Possession DeliveryOfDeed
Private Pool No
Property Attached Y/N No
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type CommercialSale
Rent Control Y/N No
Roof Flat
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Stories 3
Street Name Eddy
Subdivision Name Forest Hill Pkwy
Tenant Pays CableTV, Electricity, Gas
Terms Cash, Conventional
Total Actual Rent 45300.0
Township Cleveland
View Y/N No
Waterfront Y/N No
Year Built 1925
Year Built Details Actual YBT

Interior Features

Above Grade Finished Area 7641.0
Air Conditioning Y/N No
Basement (Y/N) Yes
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Road
Total Stories 3

Exterior Features

Attachedgarageyn No
Days on Market 192
Living Area 7641.0
Building Area Total 7641.0
Crops Included Y/N No
Fencing ChainLink
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Source Assessor
Lot Size Units Acres
Open Parking Y/N No
Parking Features Public, OnStreet
Spa No
Total Parking 0.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 44108

Price
AVG $190K
$340K
Visits
AVG 29
73
Year Built
AVG 1924
1925
Walkscore
AVG 58
57
Data Provided by Walkscore ® not using MLS data

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