$82,000
SOLD JUL 19, 2024

1267 Cleveland St Unit 1269 Salem, OH 44460

4 Beds
3 Baths
1,770 Sq Ft
4,090 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

9% Below List Price

21 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2024

Welcome to 1267 Cleveland St, where investment meets opportunity! This versatile triplex is a prime addition to any portfolio, brimming with potential and ready for your creative touch. Whether you're a seasoned investor or looking to break into the rental market, this property offers endless possibilities.

The first unit, located on the ground floor, is a spacious 2 bed, 1 bath apartment, currently rented to Section 8 tenants for $670/month including all utilities. The fully equipped kitchen and comfortable living spaces make it an attractive rental option.

Upstairs, you'll find the second unit, a cozy 1 bed, 1 bath apartment rented for $540/month plus electric. Both units feature a full kitchen with all necessary appliances, each housing long-term tenants who would love to stay!

The third unit is currently vacant and waiting for your vision to bring it back to life. With some renovation, this space can become a lucrative addition to the property, increasing overall rental income and value.

Located near the heart of Salem, OH, 1267 Cleveland St offers convenience and charm. Just minutes away from local shops, restaurants, and amenities, this property is perfectly positioned to attract tenants and maximize returns. Don't miss out on this unique investment opportunity! Schedule a showing today and start envisioning the potential of 1267 Cleveland St!

Last Agent to Sell the Property

Lindsey Rose

Real of Ohio Brokerage Email: lindsey@rosegroupohio.com 330-591-0823 License #2017001928

Real of Ohio

Co-Listed By

Donald Davis

Real of Ohio Brokerage Email: lindsey@rosegroupohio.com 330-591-0823 License #2022003750

Last Buyer's Agent

Cindy Lautzenheiser

Howard Hanna License #449022

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1946

Lot Details

  • 4,090 Sq Ft Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 5108013000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,114

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1946
  • Attribution Contact: lindsey@rosegroupohio.com 330-591-0823
  • Co List Office Mls Id: 20599
  • Co List Office Phone: 330-807-1303
  • Above Grade Finished Sq Ft: 1770.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Storage
  • Roof: Asphalt, Fiberglass
  • Fencing: None
  • Acres: 0.0939
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • LaundryFeatures: Inside, In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Salem CSD - 1508

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5108013000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks

Tax Info

  • Tax Annual Amount: 1114.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Bought by
Barry J Hirshfield
Total Days on Market
21
Current Estimated Value
$101,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.09%

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
No Value Available -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $60,001 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $82,000 -8.9% $46 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $90,000 -- $51 / 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
2024 $1,111 $27,620 $3,080 $24,540
2023 $1,114 $27,620 $3,080 $24,540
2022 $1,033 $27,620 $3,080 $24,540
2021 $984 $24,650 $3,750 $20,900
2020 $992 $24,650 $3,750 $20,900
2019 $992 $24,650 $3,750 $20,900
2018 $943 $22,410 $3,400 $19,010
2017 $943 $22,410 $3,400 $19,010
2016 $935 $20,860 $3,710 $17,150
2015 $1,163 $20,860 $3,710 $17,150
2014 $915 $20,860 $3,710 $17,150
Source: Public Records

Source: MLS Now

MLS Number: 5044253

MLS Now

APN: 5108013000