NOT LISTED FOR SALE
7 Beds
2 Baths
2,509 Sq Ft
5,602 Sq Ft Lot

Last Sold April 29, 2024

Last sale price $24,000 $10 Per Sq Ft

26 Days on Market

About This Home

As of April 2024

Attention Investors: Huge Duplex Rehabilitation Project in Collinwood!Calling all buy-and-hold investors! This 7-bedroom, 2-bathroom duplex in Cleveland's Collinwood neighborhood presents a fantastic opportunity for those seeking high returns. The spacious layout features a 3-bed, 1-bath unit downstairs and a 4-bed, 1-bath unit upstairs, offering excellent potential rental income.Full Renovation Required: Be aware, this property is a full rehab project. While sweat equity is needed, the potential rewards are significant. Upon renovation, this large duplex can be rented out at premium Section 8 rates, maximizing your return on investment.More photos to be added soon. Ideal for Buy-and-Hold Investors: With its generous size and potential for high rent, this duplex is perfect for investors seeking a long-term hold. Rehabilitate, rent out, and enjoy steady income for years to come.

Last Agent to Sell the Property

Eric McKee

EXP Realty, LLC. Brokerage Email: eric.mckee@cbschmidtohio.com 216-856-0251 License #2022006275 Listed on: 03/08/2024

EXP Realty, LLC.

Last Buyer's Agent

Jack Krusinski

RE/MAX Above & Beyond License #2021004622

RE/MAX Above & Beyond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $175

Year Built

  • Built in 1910

Lot Details

  • 5,602 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Fixer Upper
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,509 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Radiator
  • Hot Water Heating System

Community Details

  • Warren Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115-09-046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$175

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1910
  • Attribution Contact: eric.mckee@cbschmidtohio.com 216-856-0251
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Warren
  • Above Grade Finished Sq Ft: 2509.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Fixer
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1286
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Radiator(s), Steam
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 115-09-046
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 175.2

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $24,000 -14.3% $10 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $28,000 -12.5% $11 / Sq Ft
03/08/2024 03/08/24 For Sale $32,000 -- $13 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5022376

MLS Now

APN: 115-09-046