NOT LISTED FOR SALE

2475 Professor Ave Cleveland, OH 44113

Tremont Neighborhood
8 Beds
4 Baths
4,620 Sq Ft
4,060 Sq Ft Lot

Last Sold September 11, 2020

Last sale price $530,000 $115 Per Sq Ft

6 Days on Market

About This Home

As of September 2020

2475 Professor is an incredibly well-maintained and updated four-unit property located in the heart of Tremont. The property is fully occupied with great tenants and is positioned for rent increases over time. Each of the 4 units consist of 2 bedrooms and 1 bath. The units have both been updated & modernized in the last three years with all new paint, AC units, furnaces, electrical wiring & panels, granite countertops, modern white cabinets and high-end stainless-steel appliances. The bathrooms have recently been remodeled, hardwood floors have been refinished, and there are 2 sets of washers & dryers in the basement. Great opportunity to live in one unit and have 3 other tenants pay your mortgage! Investors, don't miss out on this huge opportunity in one of the hottest markets in the area. Bundle together with 1009 Kenilworth or purchase separately.

Last Agent to Sell the Property

Bryan Thomas

Russell Real Estate Services License #2018001861 Listed on: 07/09/2020

Russell Real Estate Services

Co-Listed By

Hannah Palocko

EXP Realty, LLC. License #2018005319

Last Buyer's Agent

David Petrella

Howard Hanna License #423538

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,992

Year Built

  • Built in 1900

Lot Details

  • 4,060 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Community Details

  • 4 Units
  • Tremont Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 004-17-111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,992

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 172.08
  • Estimated Price per Sq Ft: 172.08
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3080
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 3080.00
  • Sq Ft Approx Below Grade Finished: 1540.00
  • Sq Ft Approx Total Finished: 4620.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Tremont

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0932
  • Parcel Number: 004-17-111

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 69600.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 6992

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
09/11/2020 09/11/20 Sold $530,000 -7.8% $115 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $575,000 -- $124 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bryan Thomas

    Seller's Agent in 2020

    Bryan Thomas

    Russell Real Estate Services

    (440) 840-7712

    1 in this area

    20 Total Sales

    Bryan Thomas
    Section Image
  • Hannah Palocko

    Seller Co-Listing Agent in 2020

    Hannah Palocko

    EXP Realty, LLC.

    (216) 312-1866

    1 in this area

    4 Total Sales

    Hannah Palocko
    Section Image

  • D

    Buyer's Agent in 2020

    David Petrella

    Howard Hanna

    (440) 341-4663

    1 in this area

    95 Total Sales

    David Petrella
    Section Image
  • Ovi Ghosh

    Buyer Co-Listing Agent in 2020

    Ovi Ghosh

    Howard Hanna

    (440) 826-9318

    1 in this area

    101 Total Sales

    Ovi Ghosh
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4203645

MLS Now
Ohio Cuyahoga County Cleveland 44113 Tremont

2475 Professor Ave, Cleveland, OH

This home is located at 2475 Professor Ave, Cleveland, OH 44113 since 09 July 2020. This property was built in 1900. 2475 Professor Ave is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Bolton, and Almira Academy.

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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