$234,000
SOLD DEC 21, 2021
8 Beds
4 Baths
3,200 Sq Ft
2,152 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

4% Above List Price

14 Days on Market

About This Home

As of October 2024

8% Pro-forma CAP rate for the last 6 months!! Excellent cash flowing 4 unit apartment building for sale. 2 bedrooms in each unit. 100% occupied. Good paying tenants that have gas and electric in their name. 1 tenant is with EDEN temporarily and pays $800/mo. Roof is 10 years old. This building has been professionally managed. Don't miss out on this cash flowing opportunity!

Last Agent to Sell the Property

George Hoover

Trinity Commercial Realty, LLC. License #2016000496 Listed on: 09/28/2021

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC License #2015001161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1926

Lot Details

  • 2,152 Sq Ft Lot
  • East Facing Home

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for heating, sewer, trash collection, water
  • Assessor Parcel Number 017-01-066

Community Details

Overview

  • 4 Units
  • Jordan Allotment Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,660

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: East
  • Price Per Square Foot: 73.12
  • Estimated Price per Sq Ft: 73.13
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3200
  • Year Built: 1926
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Approx Above Grade Finished: 3200.00
  • Sq Ft Approx Total Finished: 3200.00

Exterior Features

  • Exterior: Brick
  • Roof: Rubber

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Jordan Allotment

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0494
  • Parcel Number: 017-01-066

Rental Info

  • Owner Pays: Heating, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 4
  • Gross Income: 33900.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2660

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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
10/24/2024 10/24/24 Sold $330,000 0.0% $103 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $329,900 +41.0% $103 / Sq Ft
12/21/2021 12/21/21 Sold $234,000 +4.0% $73 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $225,000 +235.8% $70 / Sq Ft
10/20/2014 10/20/14 Sold $67,000 -21.2% $19 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $85,000 -- $24 / 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: 4320712

MLS Now