3558 W 69th ST Pending

Cleveland,OH 44102

$ 200000

5 Beds

3 Baths

2772 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $72

Subdivision B Dobschas Proposed Allotment

MLS Listing ID 5063527

Bedrooms 5

Full Baths 3

Construction Status Unknown

HOA Y/N No

Abv Grd Liv Area 1,848

Year Built 1910

Annual Tax Amount $846

Tax Year 2023

Lot Size 4,922 Sqft

Acres 0.113

Property Description

Discover an exceptional investment opportunity in the vibrant Stockyards neighborhood of Cleveland. This income-producing multi-family is currently configured as an up-down duplex, with unique potential to be converted back into a triplex. Situated in a prime location, this property offers versatility, strong rental income, & proximity to some of Cleveland’s most popular attractions. The 1st-flr unit is a spacious 3-bed, 2-bath that includes an enclosed front entry. This unit also features a living room, kitchen & a kitchenette within the attached studio. The studio space, which the 1st-floor tenants currently utilize, could easily be separated & rented out as a stand-alone studio unit, transforming the property back into a triplex; significantly boosting its income potential. The 2nd-flr unit has 3 beds & 1 bath, offering comfortable & convenient living. Tenants of this unit enjoy exclusive access to a charming enclosed sun porch —a rare desirable amenity. Additionally, this unit includes a walk-up attic, providing ample storage space or the potential for further customization. The property also boasts a full, unfinished basement, offering storage or future development opportunities. Adding to the appeal is a massive 3-car detached commercial garage, measuring an impressive 41x29 feet & over 1100 sqft! This garage provides exceptional value, whether used for tenant parking, additional rental income, or personal storage. Located moments from Gordon Square, Downtown Cleveland, Ohio City, the West Side Market, & Tremont, this property is ideally positioned to take advantage of the area's diverse array of restaurants, entertainment venues, breweries & nightlife. With both units currently rented, this property provides a solid return on investment with the potential for even greater earnings. Don’t miss the rare chance to own a versatile & income-generating property in one of Cleveland’s most dynamic neighborhoods!

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Garage Detached,Garage

Garage Spaces 3.0

Garage Description 3.0

Waterfront No

Water Access Desc Public

Roof Type Asphalt

Parking Type Detached,Garage

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Unknown

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 013-02-049

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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