A
Seller's Agent in 2024
Adam Zimmerman
Engel & Völkers Distinct
(216) 513-2728
6 in this area
172 Total Sales
1955 E 120th St Cleveland, OH 44106
Little Italy Neighborhood
6
Beds
3
Baths
2,498
Sq Ft
3,999
Sq Ft Lot
About This Home
As of August 2024Welcome to this rare opportunity in the heart of Cleveland's Historic Little Italy Neighborhood. This income generating Multi-Family home features Three 2 Bedroom 1 Bath units, all with spacious kitchens, bedrooms, on-site laundry in the basement and a recently added separate laundry area for the top unit. This highly desirable location is in close proximity to University Circle, Case Western Reserve University, University Hospitals, Cleveland Clinic, museums, wonderful restaurants, shopping, and so much more. RECENT UPDATES include: front roof replaced (2015), back roof replaced (2022), new water tanks in all units (2023), new water line and electric added for third unit to have own laundry room (2024), updated flooring throughout (2023), and kitchen cabinets and appliances replaced in unit 1 and 3 (2023), and much more! This 10% CAP Rate triplex is an ideal addition to any investors portfolio. Call today with any questions, or to schedule a private tour!
Last Agent to Sell the Property
Engel & Völkers Distinct Brokerage Email: 440-568-0400 cleveland@evrealestate.com License #2019002296 Listed on: 04/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,330
Year Built
- Built in 1900
Lot Details
- 3,999 Sq Ft Lot
Parking
- Driveway
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,498 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Knight Subdivision
Listing and Financial Details
- Assessor Parcel Number 120-30-086
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $480,000 | -4.0% | $192 / Sq Ft |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $499,900 | 0.0% | $200 / Sq Ft |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $499,900 | -- | $200 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $6,085 | $91,000 | $19,110 | $71,890 |
| 2023 | $4,330 | $55,860 | $15,540 | $40,320 |
| 2022 | $4,306 | $55,860 | $15,540 | $40,320 |
| 2021 | $4,266 | $55,860 | $15,540 | $40,320 |
| 2020 | $4,486 | $50,790 | $14,140 | $36,650 |
| 2019 | $4,155 | $145,100 | $40,400 | $104,700 |
| 2018 | $3,154 | $50,790 | $14,140 | $36,650 |
| 2017 | $2,185 | $25,840 | $11,660 | $14,180 |
| 2016 | $2,168 | $25,840 | $11,660 | $14,180 |
| 2015 | $1,784 | $25,840 | $11,660 | $14,180 |
| 2014 | $1,784 | $21,180 | $9,560 | $11,620 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Zimmerman
-
Mandria Aceto
Buyer's Agent in 2024
Mandria Aceto
Realuxe Ohio
(440) 341-2878
3 in this area
71 Total Sales
Map
Source: MLS Now
MLS Number: 5029536
APN: 120-30-086
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