Property
Beds
7
Full Baths
3
1/2 Baths
None
Year Built
1920
Sq.Footage
3,300
Nicely updated triplex with Gross Annual Rents exceeding $41K in prime Cleveland Heights location... just a short walking distance to Coventry Village and a few minutes' drive to CWRU and the main campuses of both University Hospitals and The Cleveland Clinic. The first and second floors offer rare 3-bedroom units with remodeled bathrooms and kitchens, have a formal dining room with built-ins, a living room with decorative fireplace, as well as a sunroom for additional living space. The third floor is a large efficiency with vaulted ceilings, an updated kitchenette, and a remodeled bathroom with in-unit washer and dryer. The basement laundry is shared by the first and second floor tenants. Currently, the property is tenant-occupied, except for the 2nd floor unit which we are keeping vacant for both ease of showing and for a potential owner-occupant. Unit 1 is rented for $1300 through July 31. Unit 2 was rented for $1365, but is currently vacant. Unit 3 is rented for $765 through June 30. Gross Annual Rents were $41,160 ($3,430/month). All mechanicals, roof, etc are in good working order. Numerous windows have already been replaced with vinyl. All kitchen and laundry appliances will convey. Property will transfer POS-compliant.
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
3
-
Above Grade Finished Area
3300.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Wood Siding
-
Parking
Detached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1405
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$315,000
-
Tax Amount
$6,968
-
Sq. Footage
3, 300
-
Price/SqFt
$95
HOA
-
Association
No
School District
-
Elementary School
Cleveland Hts-Univer - 1810
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Hts-Univer - 1810
Middle School
High School
Listing Courtesy of Jullian Vaughn , Premier Heights Realty LLC
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AGENT
Austin Lape
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