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$ 225,000
Est. payment /mo
New
881 Eddy RD Cleveland, OH 44108
5,000 Sqft Lot
UPDATED:
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
Listed by Jared R Zak • Berkshire Hathaway HomeServices Professional Realty • jzak@bhhspro.com, 216-244-5589