763 E 93rd ST Active

Cleveland,OH 44108

$ 225000

8 Beds

3 Baths

4638 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,638 sqft

Price per Sqft $48

Subdivision Houghton

MLS Listing ID 5063528

Bedrooms 8

Full Baths 3

Construction Status Fixer,Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 3,098

Year Built 1905

Annual Tax Amount $1,087

Tax Year 2023

Lot Size 0.362 Acres

Acres 0.362

Property Description

Welcome to a unique investment opportunity nestled in the heart of Cleveland. This remarkable property package offers 2 income-producing single-family homes with 2 parcels of land; 1 holding the 2 homes & the other a vacant lot with endless potential. Whether you’re looking to expand your real estate portfolio or develop your next project, this offering presents unmatched possibilities. The 1st home, located at the front of the property, is a beautifully rehabbed 5-bedroom, 2-bath Colonial with over 1,900 square feet of living space. Recently updated with modern finishes, this home seamlessly blends classic charm with contemporary comfort. Spacious & well-appointed, it boasts large bedrooms, a generous living area & a modern kitchen, making it an attractive rental property. Currently occupied, this home provides a steady stream of income for the discerning investor. Behind the main home, you’ll find the 2nd property, a cozy 3-bedroom, 1-bath Colonial with over 1,100 square feet of living space. Like its counterpart, this home exudes character & warmth. Maintained & rented, this property ensures additional income & long-term value. Both homes are strategically located minutes from the Cleveland Clinic, Downtown Cleveland, & University Circle, making them highly desirable for tenants seeking proximity to some of the city’s most prominent employers, cultural institutions, & entertainment options. Adjacent to these homes is a vacant lot, a find in this vibrant area. With its limitless potential, this lot could be transformed into additional housing, parking, a community garden, or any number of development opportunities. The parcel's location & the surrounding amenities make it a prime candidate for future growth & profitability. This property package offers unparalleled potential for both immediate income & long-term development. Don't miss out on this rare chance to own a versatile & lucrative investment in one of Cleveland's most dynamic neighborhoods.

Location

State OH

County Cuyahoga

Rooms

Basement Full,Unfinished

Interior

Heating Forced Air,Gas

Cooling None

Fireplace No

Exterior

Garage Driveway

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Fixer,Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 108-07-018

Security Features Smoke Detector(s)

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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