$230,000
$229,900
For more information regarding the value of a property, please contact us for a free consultation.
8,751 Sqft Lot
SOLD DATE : 05/28/2024
Key Details
Sold Price $230,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Taylor
MLS Listing ID 5024291
Sold Date 05/28/24
Construction Status Fixer
HOA Y/N No
Year Built 1910
Annual Tax Amount $2,108
Tax Year 2022
Lot Size 8,751 Sqft
Acres 0.2009
Property Sub-Type Apartment
Property Description
*CALLING ALL INVESTORS** Here is your chance to get this Large two Building 5 Unit property. In the Front we have a solid All brick quadruplex (4 units) full of wonderful updates to make this property Rent ready. Updates include but not limited to the following spread throughout the units: Fresh Paint 2024 all units, New Carpeting unit 1 2024, New Lower cupboards unit 1 2024, And Newer windows in 2020-2022. In the Back we Have A single family perfect for the owner to occupy or rent out that's in good shape with updated mechanicals and has its own basement area for storage. This property previously brought in $3,200 a month or roughly $38,400 a year with the potential for you to now place your own tenants and increase the rents more in line with the market rents and possibly pull in $4,000 a month or more. All units are 2 Bedrooms and 1 full bath and are very large with the property having over 8,400 sqft of livable space. Each unit offers a Covered porch and a Private storage are in the basement area. Laundry hook ups in the basement for tenant ease of use. Property was Sec 8 Approved and is ready for you to place your tenants and start collecting. Easy to show and priced to sell so schedule your showings today before its gone.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement, Full, Concrete, Storage Space, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Common, Concrete, Driveway, On Site, Paved, Parking Pad, Shared Driveway, On Street
Fence Partial
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Flat,Rubber
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 105-27-026
Acceptable Financing Cash, 1031 Exchange, Other
Listing Terms Cash, 1031 Exchange, Other
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jason C Parsons • Howard Hanna
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "