5940 Engel Avenue Cleveland, OH $ 99,000
5940 Engel Avenue
$ 99,000
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5940 Engel Avenue

Cleveland, OH, 44127
$ 99,000
Bedrooms5 Baths3.0 Sq 2,414

Monthly Estimate*

$ 692

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Multi-Family Home for sale in Cleveland, OH

for $99,000 with 5 bedrooms and 3 full baths. This 2,414 square foot home was built in 1905 on a lot size of 0.0964.

Welcome to an outstanding investment opportunity in the heart of a thriving neighborhood! This 3-family property is a fantastic investment for both investors and owner occupants. Most of the work here has been done! Boasting updated cabinets, countertops, flooring, fixtures, bathrooms and more. Roof replaced August 2023, some new HVAC, and recently re-wired and new plumbing. There is still room for further enhancements so bring your creativity! With three separate units, the property presents diverse income opportunities, catering to both long-term tenants and short-term leasing strategies. Its convenient location ensures easy access to amenities and transportation, adding to its appeal. Whether you're a seasoned investor or a newcomer to the real estate market, this property holds promise for long-term appreciation and financial growth. Selling as-is. Front down unit occupied $750/month rent.

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Multi-Family Active

Price

$ 99,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,040

Style

Lot Size

0.0964

Year Built

1905

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5023512

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Possession DeliveryOfDeed
Roof Asphalt Fiberglass
Construction Materials Unknown
Year Built 1905
Stories 2
Township Cleveland
Levels Two
Property SubType Triplex
Tax Year 2023
County Cuyahoga
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Canfield Ray Bowen Allotment
Garage Y/N N
Status Active
Directions N of Broadway E of rt 77
City Cleveland
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Cleveland Municipal - 1809
Waterfront Y/N N
Carport Y/N N
Street Name Engel
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1040.0
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 44
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional Triplex
Buyer Agent Compensation Type Item1
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2414.0
Full Baths 3
Half Baths 0
Street Suffix Avenue
Laundry Features InBasement
Total Bedrooms 5
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 3
Living Area Units SquareFeet
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Exterior
Parking Features Driveway OffStreet OnStreet
Water Source Public
Lot Size Area 0.0964
Number of Buildings 1
Spa N
Lot Size Acres 0.0964
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 5940
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* Excluded Features
List By
Jessica L Ivans

Listing Agent

Keller Williams Greater Metropolitan

Broker

JGioitta@KW.com

Email

Affordability Calculator

$778
Per Month
89%
11%
0%
Monthly Principal & Interest
$692
Monthly Property Taxes
$87
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
4/1/2024$99,000 -9.17% Price Down
3/15/2024$109,000 -8.40% Price Down
3/13/2024$119,000 Listed Price

Map


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5940 Engel Avenue, Cleveland, OH, 44127 is a Multi-Family Home for sale at $99,000 with 2,414 sqft and a lot size of 0.0964. 5940 Engel Avenue has 5 bedrooms, 3.0 baths, and was built in 1905. The property's zip code is 44127 which is in Cleveland, OH