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$289,000
Est. payment /mo
4 Beds
3 Baths
5,850 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Van Sweringen Cos Sub #23
MLS Listing ID 5106584
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1926
Annual Tax Amount $4,341
Tax Year 2024
Contingent Inspections
Lot Size 5,850 Sqft
Acres 0.1343
Property Sub-Type Triplex
Property Description
This spacious 3-unit completely rented apartment building offers a fantastic opportunity for both investors and owner-occupants. The second-floor unit has been completely remodeled, featuring two large bedrooms, a living room, and a dining room. The kitchen is brand new with modern appliances, new flooring, and updated electrical fixtures, while the rest of the unit boasts refinished hardwood flooring. The first-floor unit is currently rented at $900 per month, which is below market rent, offering potential for increased returns or the option to update and move in yourself. The third-floor loft is rented at $600 per month, also below market rent. The second floor has been updated and is rented for $1450. Located in a highly desirable area, this property is perfect for students and professionals alike. Whether you're looking for an income-generating investment or a place to call home while benefiting from rental income, this property offers a great opportunity for growth.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Shaker Heights Csd - 1827
Others
Tax ID 735-19-035
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Listed by Uday T Patel • Keller Williams Greater Metropolitan • patelutp@yahoo.com 216-780-7000