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1516 E 86th St

Cleveland OH 44106

3
2
0.1 ac.
Single-Family
Currently for sale - view listing

Overview

A great opportunity for this 3 bedroom, 1.5 bath home featuring a practical, functional layout that appeals to both owner occupants and investors. The property has a potential $2113 per month rent according to the CMHA determination, for a possible $25,000 in gross annual rents. Its prime location near Downtown Cleveland, University Circle, major hospitals, and key amenities offer excellent rental potential and long term upside in an area experiencing steady growth and redevelopment. The updated kitchen includes granite countertops and stainless steel appliances, complemented by newer vinyl windows throughout. The main level offers a convenient half bathroom and a flexible room that could be converted into an additional bedroom. Upstairs, three generously sized bedrooms and a renovated bathroom provide comfortable living space for families or tenants. Situated within the ongoing revitalization of the Wade Park area, offering easy access to parks, cultural institutions, and transportation.

Features

3 bedrooms
2 bathrooms
0.1 ac. lot size
Single-Family

Property history for 1516 E 86th St

2018
Sold
$15,000
26 Oct 2018 by Cliff Louis, of Keller Williams Greater Metrop

Happy sellers in Cleveland

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Local market activity for 3 bedroom single-family properties in Cleveland

In the last 12 months, 23 three-bedroom single-family properties similar to 1516 E 86th St, have been sold.

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