NOT LISTED FOR SALE
4 Beds
2 Baths
2,144 Sq Ft
4,199 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $125,000 $58 Per Sq Ft

19 Days on Market

Highlights

  • Forced Air Heating System
  • 4-minute walk to East 116
  • Wood Siding
  • 2 Car Garage

About This Home

As of December 2023

Investors looking near Shaker Square, this Duplex is just South of Shaker Blvd and East of E116/MLK. This is a fantastic location in walking distance to the Rapid, Lutheran Hospital, and Shaker Square. All mechanicals are in good working condition. Many vinyl windows. The Down unit is rented through 10-09-24 and pays $950 and the Up unit is rented for $831 and m2m, but would like to stay. It is a great income-generator and beats the 1% Rule while providing a strong Cap Rate. Property management is in place and could be continued allowing you to do nothing but collect $. PASSED Lead Certification!! Both tenants are sec8. Monthly rents = $1,781 and the total annual rents = $21,372. Other properties are available for sale on an individual basis (seller financing is not an option).

Last Agent to Sell the Property

Kathryn Schenk

Premier Heights Realty LLC Brokerage Email: (216) 839-5500 klrw297@kw.com License #2021004684 Listed on: 11/01/2023

Last Buyer's Agent

Mark Colucci

Keller Williams Citywide License #2020004747

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1926

Lot Details

  • 4,199 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 129-14-128

Community Details

Overview

  • 2 Units
  • Roosevelt Street Subdivision

Additional Features

  • No Laundry Facilities
  • Net Operating Income $21,372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$956

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1926
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Subdivision Name: Roosevelt Street
  • Above Grade Finished Sq Ft: 2144.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0964
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • LaundryFeatures: Common Area, None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 129-14-128
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 956.0

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
12/22/2023 12/22/23 Sold $125,000 +0.4% $58 / Sq Ft
12/07/2023 12/07/23 For Sale $124,500 0.0% $58 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $124,500 -- $58 / 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: 4501268

MLS Now

APN: 129-14-128