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Sold for $325,000 on 07/08/24
  • $325,000

    1667 E 40th St #1B-1, Cleveland, OH 44103

    4beds
    3,787sqft
    Condominium, Multi Family
    Built in 1908
    -- sqft lot
    $348,500 Zestimate®
    $86/sqft
    $1,549 Estimated rent

    Home value

    $348,500

    $317,000 - $383,000

    $1,549/mo

    Zestimate® history
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    $2,871/mo

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    What's special

    Waiting to Find the PERFECT Downtown LOFT Condo with Gorgeous Views of the Cleveland Sky Line From the Roof Top Deck and LOADS of Space?? LOOK NO FURTHER! Featuring an Unreal 3,787 Square Feet of Modern Urban Living and the Potential to have a SHOWCASE Loft Home in "Loftworks", one of Downtown Cleveland's Most Desirable Live/Work Desinations! Loftworks Caters to a Unique Clientele Consisting of Artists, Law Offices, Small Businesses and Elegant Loft Homes...Featuring Condo Units that are Approved for both Full Time Residential Living, Living in Part/Working in Part of the Unit, & can even be Operated as a Fully Commercial Space. Fancy a Convenient Work-From-Home Situation...You Absolutely Will Not Find a Better Fit! Run An Accounting Firm/Law Office/Art Gallery? No Problem! Existing Layout was Setup as a Tutoring School with Various Individual Work Rooms and a Couple Large Open Spaces for Classes/Conferences. *New Bathroom Added 2024* There is a Basic Office Kitchen & Several Drain Stacks & Ready Access to Water Supply Lines w/ Will Allow For Multiple Bathrooms to be Built In if Needed! Currently there are Bathrooms Accessible Just Outside the Unit in the Common Area Available All Hours of the Day. Loftworks Offers Gated Off-Street Parking with One Dedicated Parking Spot for this Unit and Plenty of Additional Off-Street Visitor/Guest Spots! Building is Secured with Automatic Magnetic Locks that Require Either a Key Fob or Entry Code to Enter, so Security is the Priority! Association Takes Care of Water/Sewer Bills, All Exterior & Common Area Maintenance...so Headaches are Minimized! This is a Vibrant Building with a Caring and Dedicated Association that Takes Meticulous Care of the Property! Make This Your DREAM Home OR Create the Perfect Work Space to Inspire the Next Chapter of Your Success! Don't Miss Your Chance...Opportunity Rarely Knocks Twice! Owner Financing Available for Well Qualified Borrowers.

    Zillow last checked: 8 hours ago

    Listing updated: July 08, 2024 at 02:28pm

    Listing Provided by:

    Victor Duqum 216-406-1772victor@vsdrealty.com,

    VSD Realty, LLC.

    Bought with:

    Victor Duqum, 2012003077

    VSD Realty, LLC.

    Source: MLS Now,MLS#: 5035576MLS LogoOriginating MLS: Lake Geauga Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 4
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Laundry: None
    Features
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,787
    • Total interior livable area: 3,787 sqft
    • Finished area above ground: 3,787
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Asphalt, On Site, Off Street
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 3,785 sqft
    Details
    • Parcel number: 10427302
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Multiplex
    • Property subtype: Condominium, Multi Family
    Materials
    • Brick, Block
    • Roof: Rubber
    Condition
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Loftworks Condo Ph 1

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $656 monthly
    • Services included: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Reserve Fund, Sewer, Snow Removal, Trash, Water

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    7/8/2024Sold$325,000-2.8%$86/sqft
    Source: MLS Now #5035576
    6/4/2024Pending sale$334,500$88/sqft
    Source: MLS Now #5035576
    5/3/2024Listed for sale$334,500$88/sqft
    Source: MLS Now #5035576

    Public tax history

    Tax history is unavailable.

    Neighborhood: Goodrich-Kirkland Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal - 1809

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $348,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $348,500