3559 Latimore Rd Shaker Heights, OH 44122
5
Beds
3
Baths
3,344
Sq Ft
6,299
Sq Ft Lot
Highlights
- Balcony
- 3 Car Detached Garage
- Forced Air Heating and Cooling System
- Shaker Heights High School Rated A
- Cooling System Mounted To A Wall/Window
- 2-minute walk to Gridley Triangle Park
About This Home
As of December 2024Rare opportunity to own a 3 unit income property perfectly located just minutes away from the Van Aken District and some of the east side's best employment an entertainment! Perfect house-hack for an owner occupant to live in one unit and have tenants pay the majority of their mortgage! Or all three units can be leased and should easily bring in #3,300 per month as is! Further updating can be done to fetch premium rents as updated 2 bed units in the neighborhood go for $1,400-$1,600! New development is happening just down the road and this property is poised to be a fantastic long term investment for the savvy investor or owner occupant. There have been a number of updates from current ownership including quartz countertops in the lower unit, refinished hardwoods, vinyl plank flooring, new bathroom vanities and light fixtures, full exterior paint job, new AC unit, new HWT, new washer and dryer, and much more! The basement is clean and dry and recently purchased a new washer and dryer. The top floor apartment is currently leased to a month to month tenant at $500 per month. As is, this can be raised to $700. There are 3 garage spots currently not being charged for but could be to produce additional income. Roof has significant life left on it and solid mechanicals! At full price, seller is offering $4,000 towards buyer's closing costs as well as a home warranty. PROPERTY WILL BE POS COMPLIANT.
Last Agent to Sell the Property
Key Realty Brokerage Email: mjorlando1994@gmail.com 216-956-1884 License #2021000887 Listed on: 11/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,991
Year Built
- Built in 1928
Parking
- 3 Car Detached Garage
Home Design
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
Additional Features
- 3-Story Property
- Balcony
- 6,299 Sq Ft Lot
- Basement
Community Details
- Vansweringen Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 736-20-101
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $320,500 | +0.5% | $96 / Sq Ft |
| 11/22/2024 11/22/24 | Pending | -- | -- | -- |
| 11/06/2024 11/06/24 | For Sale | $319,000 | +82.3% | $95 / Sq Ft |
| 07/28/2020 07/28/20 | Sold | $175,000 | -2.7% | $37 / Sq Ft |
| 06/01/2020 06/01/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $179,900 | 0.0% | $38 / Sq Ft |
| 05/19/2020 05/19/20 | Pending | -- | -- | -- |
| 05/13/2020 05/13/20 | For Sale | $179,900 | -- | $38 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michael Orlando
M
Seller's Agent in 2024
Michael Orlando
Key Realty
(216) 956-1884
1 in this area
27 Total Sales
-
Mark Mc Guire
Buyer's Agent in 2024
Mark Mc Guire
Parkview Realty Group Ltd
(216) 712-8382
17 in this area
111 Total Sales
-
Donna Glazer
Seller's Agent in 2020
Donna Glazer
Howard Hanna
(216) 402-6990
5 in this area
90 Total Sales
-
Triston Winterich
T
Seller Co-Listing Agent in 2020
Triston Winterich
Howard Hanna
(216) 406-8836
3 in this area
56 Total Sales
-
Cici Riley
Buyer's Agent in 2020
Cici Riley
Howard Hanna
(216) 831-9310
6 in this area
91 Total Sales
Map
Source: MLS Now
MLS Number: 5082938
APN: 736-20-101
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