1498 E 118th Street, Cleveland, OH 44106

$434,000
8
BD
2
BA
3,588
SqFt

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Sold Price
$434,000
List Price
$444,000
Status
CLOSED
Days on Market
118
Closing Date
Jun 25, 2024
MLS#
5020284
Subtype
Residential Income
Year Built
1910
Bedrooms
8
Bathrooms
2
Full Baths
2
Living Area
3,588
Acres
0.08
Subdivision
Mccaslin
Neighborhood
Mccaslin
MLS Area Major
Cleveland

Property Description

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!

Additional Information

Interior Features
Open Floorplan, Recessed Lighting
Taxes
$790
Appliances
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Heating
Forced Air
Air Conditioning
Ceiling Fan(s)
Levels
Three Or More
Roof
Shingle
Parking Features
Additional Parking, Gravel, Off Street, On Street
School District
Cleveland Municipal - 1809

Listing Courtesy of: Jullian Vaughn, jullian@premierheights.com With Premier Heights Realty LLC

Selling Office: Premier Heights Realty LLC.

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