NOT LISTED FOR SALE
8 Beds
4 Baths
3,558 Sq Ft
7,841 Sq Ft Lot

Last Sold April 12, 2023

Last sale price $250,000 $70 Per Sq Ft

5 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Shops
  • Shaker Heights High School Rated A
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

Calling all investors!! This HUGE property has been completely updated from top to bottom (literally to the studs). The units feel like full homes as each has 4 bedrooms, 1.5 bathrooms, private basements and 3 floors of living with about 1800 sq ft of space! Renovations were just completed and tenants placed in both units on annual leases earlier this month (March 2023). Each tenant pays $1400/month for a total gross monthly income of $2800 and $33,600 annually! This is a property that will need little to no maintenance for many years to come. The updates include all new plumbing, electrical, driveway, exterior painting, newer windows, HVAC (except for one furnace and one HWT that are in working order), brand new kitchens, bathrooms, all new vinyl flooring, refinished hardwood flooring or carpet and so much more! This will be a great addition to your existing portfolio or the perfect first investment! Being in close proximity to Shaker Square AND the Van Aken District this property is in the perfect location primed for additional future growth!

Last Agent to Sell the Property

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 03/24/2023

Russell Real Estate Services

Last Buyer's Agent

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 03/24/2023

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,332

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,558 Sq Ft Home
  • 3-Story Property
  • Laundry in unit
  • Unfinished Basement

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 144-04-071

Community Details

Overview

  • 2 Units
  • Von Swergin Co Community

Amenities

  • Shops

Recreation

  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,332

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 70.26
  • Estimated Price per Sq Ft: 70.26
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 3558
  • Year Built: 1925
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Appliances Equipment: Dishwasher, Freezer, Range, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 3558.00
  • Sq Ft Approx Total Finished: 3558.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Unit Garage
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Playground, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Von Swergin Co

Schools

  • School District: Shaker Heights CSD
  • School District: Shaker Heights CSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 144-04-071

Rental Info

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

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 5332

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
04/12/2023 04/12/23 Sold $250,000 -3.8% $70 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $259,900 -- $73 / 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: 4446421

MLS Now

APN: 144-04-071