881 Eddy Road Cleveland, OH $ 349,900
881 Eddy Road
$ 349,900
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881 Eddy Road

Cleveland, OH, 44108
$ 349,900
Baths0.0 Sq 7,641

Monthly Estimate*

$ 2,326

881 Eddy Road, Cleveland, OH 44108 - Image 1
Studio

Pending for sale in Cleveland, OH

for $349,900. This 7,641 square foot home was built in 1925.

Located Minutes From Downtown, There are 7- 1 Bedroom and 2- 2 Bedrooms Currently Only 3 occupied Units, Professional Property Management is in Place. Become an Investor Overnight and Start Your Rental Portfolio. Each Unit Has Its Own Furnace and Water Tank.

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Pending Pending

Price

$ 349,900

Bedrooms

Studio

Property Type

Pending

Taxes

$ 7,650

Style

Year Built

1925

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

4414904

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling None
Possession DeliveryOfDeed
Roof Flat
Year Built 1925
Tenant Pays CableTV Electricity Gas
Township Cleveland
Property SubType Apartment
County Cuyahoga
Net Operating Income 27180.0
Operating Expense 18120.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Forest Hill Pkwy
Garage Y/N N
Status Pending
Directions Off of Eddy South of Euclid
City Cleveland
View Y/N N
Senior Community Y/N N
High School District Cleveland Municipal - 1809
Total Units 9
Waterfront Y/N N
Carport Y/N N
Street Name Eddy
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7650.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 459
Standard Status Pending
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Total Actual Rent 45300.0
Property Sub Type Additional Apartment
Cap Rate 7.0
Legal Description 373 FORHILLPKY S/L 21 NP 0020 SP
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Interior
Basement Partial Unfinished
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 7641.0
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
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Exterior
Fencing ChainLink
Parking Features Paved OnStreet
Water Source Public
Total Parking 0.0
Number of Buildings 1
Spa N
Building Area Total 7641.0
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 881
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* Excluded Features
List By
Robert J Cole

Listing Agent

Re/Max Above & Beyond

Broker

robwithremax@gmail.com

Email

Affordability Calculator

$2,963
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,326
Monthly Property Taxes
$638
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2023$329,900 -4.35% Price Down
3/30/2023$344,900 -1.43% Price Down
1/30/2023$349,900 -12.31% Price Down
10/10/2022$399,000 Listed Price

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881 Eddy Road, Cleveland, OH, 44108 is a Pending for sale at $349,900 with 7,641 sqft. 881 Eddy Road is a studio with 0.0 baths and was built in 1925. The property's zip code is 44108 which is in Cleveland, OH