NOT LISTED FOR SALE
8 Beds
4 Baths
4,500 Sq Ft
7,000 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $57,500 $13 Per Sq Ft

7 Days on Market

Highlights

  • Medical Services
  • Community Playground
  • Shops
  • 0.16 Acre Lot
  • Park
  • Forced Air Heating System

About This Home

As of July 2020

Truly turnkey 4-unit cash flow machine, 100% occupied, generating $2075, under professional management. 2 separate houses, each with 2 units, a total of four 2-bedroom apartments. Separately metered gas and electric, tenants pay own heat & provide own appliances. Other features: newer water tanks, upgraded electrical, modern furnaces, and vinyl siding for worry-free maintenance. Conveniently located near freeway access, downtown Cleveland, public transportation, schools, and shopping.

Last Agent to Sell the Property

Michael Ferrante

LPT Realty License #2019005741 Listed on: 05/26/2020

Co-Listed By

Brandon Pappas

Platinum Real Estate License #2019003472

Last Buyer's Agent

Daniel Reid

Berkshire Hathaway HomeServices Stouffer Realty License #360463

Berkshire Hathaway HomeServices Stouffer Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1900

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 105-32-007

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$831

Year Built

Built in 1900

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 12.78
  • Estimated Price per Sq Ft: 12.78
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4500
  • Year Built: 1900
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 4500.00
  • Sq Ft Approx Total Finished: 4500.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Medical Service, Park, Playground, Shopping/Mall

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1607
  • Parcel Number: 105-32-007

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating

Multi Family

  • Unit Count: 3
  • Gross Income: 2075.00
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 831
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2020 07/20/20 Sold $57,500 -4.2% $13 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $60,000 +140.0% $13 / Sq Ft
11/14/2017 11/14/17 Sold $25,000 -49.9% $2 / Sq Ft View Prior Sale
08/10/2017 08/10/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $49,900 -- $5 / Sq Ft
Source: MLS Now

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $566 $5,460 $1,960 $3,500
2024 $564 $5,460 $1,960 $3,500
2023 $1,892 $18,940 $2,070 $16,870
2022 $1,889 $18,935 $2,065 $16,870
2021 $1,895 $18,940 $2,070 $16,870
2020 $1,758 $16,910 $1,860 $15,050
2019 $1,655 $48,300 $5,300 $43,000
2018 $1,823 $16,910 $1,860 $15,050
2017 $2,027 $19,960 $5,150 $14,810
2016 $2,028 $19,960 $5,150 $14,810
2015 $2,401 $19,960 $5,150 $14,810
2014 $2,401 $23,740 $6,130 $17,610
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4191958

MLS Now
Your Personal Tour Guide

Ask me questions while you tour the home.