NOT LISTED FOR SALE
8 Beds
4 Baths
3,072 Sq Ft
5,998 Sq Ft Lot Lot

Sale Details

Date Sold: March 9, 2024

Last sale price $250,000 $81 Per Sq Ft

Highlights

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Steam

About This Home

As of March 2024

Welcome to your gateway to an exceptional investment opportunity! This four-unit apartment building is a smart
investment with significant income potential featuring 4 units, each offering 2 bedrooms and 1 bath. Upgrades include a
new roof installed in 2023, a six-year-old A/C system, and a sprinkler system that helps keep the landscaping. There is
also a paved parking lot dating back to 2014. These updates not only enhance the property's appeal but also minimize
maintenance costs for the savvy investor. Currently, the owner is collecting $800 per unit per month, with tenants
responsible for their gas and electricity bills. Whether you’re looking to expand your investment portfolio or start a new
venture, this property offers a solid foundation for success.

Last Agent to Sell the Property

Arthur Obleton

EXP Realty, LLC. Brokerage Email: artobletonjr@gmail.com 216-482-9035 License #2013002700 Listed on: 02/19/2024

EXP Realty, LLC.

Last Buyer's Agent

Kenisha Bey

EXP Realty, LLC. License #2023006502

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 1963

Lot Details

  • 5,998 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Steam

Community Details

  • Charles Corlett Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 135-11-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,007

Year Built

Built in 1963

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1963
  • Attribution Contact: artobletonjr@gmail.com 216-482-9035
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Charles Corlett
  • Above Grade Finished Sq Ft: 3072.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1377
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 135-11-024
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1007.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/09/2024 03/09/24 Sold $250,000 0.0% $81 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $250,000 -- $81 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,318 $22,155 $3,150 $19,005
2024 $2,272 $22,155 $3,150 $19,005
2023 $1,007 $10,190 $3,540 $6,650
2022 $1,006 $10,190 $3,540 $6,650
2021 $1,008 $10,190 $3,540 $6,650
2020 $936 $9,100 $3,150 $5,950
2019 $881 $26,000 $9,000 $17,000
2018 $683 $9,100 $3,150 $5,950
2017 $506 $5,050 $2,210 $2,840
2016 $506 $5,050 $2,210 $2,840
2015 $598 $5,050 $2,210 $2,840
2014 $598 $5,990 $2,630 $3,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5018711

MLS Now
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