NOT LISTED FOR SALE

1747 Portage Trail Cuyahoga Falls, OH 44223

Mud Brook Neighborhood
8 Beds
4 Baths
3,224 Sq Ft
0.27 Acres

Last Sold September 28, 2021

Last sale price $390,000 $121 Per Sq Ft

67 Days on Market

Highlights

  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of September 2021

Fantastic opportunity for investors AND owner occupants. This all brick 4 unit near Portage Crossings has it all. Located near Immaculate Heart of Mary on Portage Trail. 3 of the 4 units have been renovated, all have AC. Numerous recent updates include roof (roughly 5+ years old), AC Units (within last 2 years), tuck pointing on brick, electric to garage for overhead lighting for tenants. 3 of 4 units renovated top to bottom with new flooring, appliances, paint, updated electrical panels, outlets, light fixtures, bath fixtures, shut-off valves (main and in-unit) and Pella Windows. New commercial grade coin operated laundry brings in between $100-$200 a month in income. Unit 1 lease expires 06/2022 at $800/month; unit 2 expires 06/2023 at $875/month; unit 3 expires 09/2022 at $950/month; unit 4 expires 09/2021 at $900/month for potential owner occupant. This property is turn-key and an excellent cap rate. Approximate expenses are: Taxes $7400/year; Insurance approximately $2200/year; Utilities approximately $1440/year; Landscape approximately $1400/year. Tenant pays gas, electric and water. Owner pays trash. Owner also pays for common electric. Owner is a licensed agent in the state of Ohio.

Last Agent to Sell the Property

Mike Stoerkel

EXP Realty, LLC. License #2015000558 Listed on: 06/23/2021

EXP Realty, LLC.

Last Buyer's Agent

Tony Morganti

RE/MAX Crossroads Properties License #230645

RE/MAX Crossroads Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,224 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, sewer, water
  • The owner pays for electric, trash collection
  • Assessor Parcel Number 0208758

Community Details

Overview

  • 4 Units
  • Portage View Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,422

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 120.97
  • Estimated Price per Sq Ft: 120.97
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3224
  • Year Built: 1955
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Dryer, Washer
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3224.00
  • Sq Ft Approx Total Finished: 3224.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 4

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Portage View

Fee Information

  • Op Expenses: 12425.00

Schools

  • School District: Cuyahoga Falls CSD
  • School District: Cuyahoga Falls CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2732
  • Parcel Number: 0208758

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 41400.00
  • Net Income: 28975.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 7422

Range of Values:

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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
09/28/2021 09/28/21 Sold $390,000 -1.3% $121 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
09/02/2021 09/02/21 Price Changed $395,000 0.0% $123 / Sq Ft
09/02/2021 09/02/21 For Sale $395,000 +5.3% $123 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $375,000 -- $116 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Stoerkel

    EXP Realty, LLC.

    (330) 701-4426

    2 in this area

    84 Total Sales

    Mike Stoerkel
    Section Image
  • Tony Morganti

    Buyer's Agent in 2021

    Tony Morganti

    RE/MAX Crossroads

    (330) 352-9513

    15 in this area

    147 Total Sales

    Tony Morganti
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4291852

MLS Now
Ohio Summit County Cuyahoga Falls 44223 Mud Brook

1747 Portage Trail, Cuyahoga Falls, OH

This home is located at 1747 Portage Trail, Cuyahoga Falls, OH 44223 since 23 June 2021. This property was built in 1955. 1747 Portage Trail is a home located in Summit County with nearby schools including Richardson Elementary School, Bolich Middle School, and Cuyahoga Falls High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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