Closed

716 College Avenue

Cleveland OH, 44113

$300,000


$77.12 per sqft

Closed

4 Beds

3 Baths

3,890 sqft

Multi-family

Built in 1880

Welcome to this unique investment opportunity featuring two houses on separate lots, sold as a package. The front house is a three-unit property with distinct characteristics. The front-down unit is a former retail space transformed into a distinctive 1-bedroom apartment. With tall ceilings and an open concept, the retail area now serves as a spacious living room. The upper unit is a remodeled 2-bedroom dwelling with unique features, including a balcony and an eat-in kitchen. The third unit is a 1-bedroom efficiency with a full bath and laundry hook-ups, offering convenience. The second house, situated on a separate parcel, is configured as a 2-family residence. Both units feature 1 bedroom each on the first and second floors, while the large attic area holds potential for expansion. While the second house requires a complete rehabilitation of all systems and surfaces, this package presents an exciting investment opportunity with multiple units and distinct living spaces. Explore the potential and reimagine these properties into a valuable asset in a burgeoning real estate portfolio.

5017474

MLS ID

February 13, 2024

Listed

May 13, 2024

Updated

Map

716 College Avenue
Cleveland OH, 44113

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.06 Acres


Roof

Asphalt, Fiberglass


Sewer

Public Sewer

School Information

School District

Cleveland Municipal - 1809

Other Property Details

Taxes

$7,876


Tax Frequency

Annually


Days on Market

18


Garage

No


Parking

Off Street, On Street


View

No


County

Cuyahoga


Municipality

Cleveland


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

5/11/2024

Sold

$300,000

3/2/2024

Pending

2/23/2024

Under Contract

 

Courtesy of Lokal Real Estate, LLC.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor CPD Homes, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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