Property
Beds
7
Full Baths
2
1/2 Baths
None
Year Built
1910
Sq.Footage
2,744
Charming Multi-Family Home in the Heart of Cleveland - 1516 E 118th St Nestled in the vibrant and growing University Circle, this well-maintained multi-family home at 1516 E 118th St offers an excellent investment opportunity or the perfect space for an owner-occupant. It is fully occupied with both tenants month to month. With its prime location, just minutes away from the cultural amenities of University Circle, Case Western Reserve University, and the Cleveland Clinic, this property is ideal for renters or homeowners looking for a central location with easy access to the city’s finest attractions. Key Features: Spacious Units: The property boasts 2 units, each offering 2 bedrooms and one bath, generous living space and ample natural light. The layout is functional and appealing, perfect for long-term tenants or multi-generational families. Recent Updates: The building has been thoughtfully updated with newer roof, furnace, hot water tank, carpet and driveway, ensuring peace of mind for years to come. Outdoor Space: The property includes a manageable-sized yard, offering a peaceful outdoor retreat or an area for tenant enjoyment. Convenient Location: Enjoy proximity to all that Cleveland has to offer, including museums, parks, top-rated restaurants, and public transportation. With easy access to I-90, commuting to downtown Cleveland or nearby suburbs is a breeze. Income Potential: This multi-family home is an excellent opportunity for investors looking to expand their portfolio with a property that has a strong rental history and low vacancy rates. Whether you're a savvy investor seeking a solid return or a homeowner looking for rental income potential, this multi-family home offers the best of both worlds in Cleveland's dynamic housing market. Contact us today for more details and to schedule a showing!
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
2
-
Above Grade Finished Area
2744.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Forced Air
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
No Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1286
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$279,000
-
Tax Amount
8192.0
-
Sq. Footage
2, 744
-
Price/SqFt
$101
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Tina F Griffus , Keller Williams Living
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