881 Eddy RD new

Cleveland,OH 44108

$ 225000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Forest Hill Pkwy

MLS Listing ID 5171923

HOA Y/N No

Year Built 1925

Annual Tax Amount $10,683

Tax Year 2024

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Apartment

Property Description

Discover the potential in this 9-unit multifamily building located at 881 Eddy Rd, just moments from University Circle, major hospitals, and downtown Cleveland. The property features seven spacious 1-bedroom units and two 2-bedroom units, offering a versatile mix ideal for strong rental demand in this high-growth corridor. This building requires significant renovation, making it a perfect fit for an investor seeking a value-add project with substantial upside. With the right vision, upgrades, and repositioning, this property can generate impressive long-term cash flow.

Location

State OH

County Cuyahoga

Rooms

Basement Partial,Unfinished

Interior

Heating Forced Air,Gas

Cooling None

Fireplace No

Exterior

Parking Features Paved,On Street

Fence Chain Link

Water Access Desc Public

Roof Type Flat

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 110-11-050

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