885 Helmsdale RD new Save Request In-Person Tour Request Virtual Tour
Cleveland Heights,OH 44112
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,132 sqft
Price per Sqft $51
Subdivision Nela Overlook Land Companys N
MLS Listing ID 5154689
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,132
Year Built 1927
Annual Tax Amount $2,682
Tax Year 2024
Lot Size 4,839 Sqft
Acres 0.1111
Property Sub-Type Duplex
Property Description
Welcome to 885 Helmsdale! This owner-maintained Duplex with a Bonus Third-Floor Unit is an ideal Investment or live-in opportunity! Presenting a rare opportunity for both investors and owner-occupants alike. This one has been owned and meticulously cared for by a single owner over the years. The first-floor unit features 2 bedrooms, over 1200 sqft and will be delivered vacant at closing—perfect for immediate occupancy or top-dollar rental. Upstairs, the second-floor unit, also offering 2 bedrooms over 1100 sqft, is currently leased on a month-to-month basis, providing flexible options for the buyer. As a unique bonus, the third-floor unit includes 1 bedroom over 700 sqft also tenant-occupied on a month-to-month lease, further enhancing the property's income-generating ability.
Whether you're looking to live in one unit while renting the others, or expand your investment portfolio with a well-kept, fully functional property, this is an outstanding opportunity in a desirable location in the city of Cleveland Heights.
Don't miss your chance to own a rare 3-unit property with flexible tenant arrangements and strong upside: no wholesalers, no subject to, and no blind offers.
Location
State OH
County Cuyahoga
Direction South
Rooms
Basement Common Basement,Full
Interior
Interior Features Built-in Features,Ceiling Fan(s),Eat-in Kitchen
Heating Electric,Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Window Features Storm Window(s),Wood Frames
Laundry Common Area,In Basement
Exterior
Exterior Feature Balcony
Parking Features Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt
Porch Balcony
Private Pool No
Building
Lot Description City Lot
Faces South
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 681-06-030
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange