NOT LISTED FOR SALE
4 Beds
3.5 Baths
2,632 Sq Ft
6,299 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $165,000 $63 Per Sq Ft

5 Days on Market

Highlights

  • Medical Services
  • Park
  • Forced Air Heating System
  • Community Playground
  • Shops
  • 3 Car Garage

About This Home

As of July 2024

Triplex with gross rents approx $2700/mo in the Waterloo area! Turnkey cash flow property with so many updates including upgraded electrical, vinyl plank flooring, updated kitchens and baths, etc. Spacious downstairs unit rent estimated conservatively at $1000/mo, a 2 bed, 1.5 bath that comprises the entire 1st floor (currently being marketed at $1100). Upstairs are two 1-bed/1-bath units, one is vacant, the other rented at approx $900/mo. The vacant unit was just remodeled, rent conservatively estimated at $800/mo (being marketed at $900). Other features include: plenty of off-street parking in the driveway (plus a 3-car garage, not used by the tenants), aluminum siding for worry-free maintenance, newer hot water tanks, separately-metered gas & electric, separate laundry facilities. Amazing location, near freeway access, just minutes to Downtown Cleveland, close to shopping, schools, restaurants, and of course, the Waterloo Business District!

Last Agent to Sell the Property

Michael Ferrante

LPT Realty Brokerage Email: info@21mike.com 216-373-7727 License #2019005741 Listed on: 05/31/2024

Last Buyer's Agent

Ed Huck

Keller Williams Citywide License #390263

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1920

Lot Details

  • 6,299 Sq Ft Lot
  • East Facing Home

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 112-13-060

Community Details

Amenities

  • Medical Services
  • Shops
  • Restaurant

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1920
  • Attribution Contact: info@21mike.com 216-373-7727
  • Above Grade Finished Sq Ft: 2632.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Range
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1446
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: East

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Medical Service, Playground, Park, Restaurant, Shopping

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 112-13-060
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2700.0

Tax Info

  • Tax Annual Amount: 1412.0
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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 List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $165,000 +10.0% $63 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $150,000 -- $57 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $1,868 $27,930 $5,635 $22,295
2023 $1,412 $18,210 $2,210 $16,000
2022 $1,404 $18,200 $2,205 $15,995
2021 $1,391 $18,200 $2,210 $16,000
2020 $634 $7,180 $1,930 $5,250
2019 $587 $20,500 $5,500 $15,000
2018 $748 $7,180 $1,930 $5,250
2017 $918 $10,860 $2,000 $8,860
2016 $911 $10,860 $2,000 $8,860
2015 $1,049 $10,860 $2,000 $8,860
2014 $1,049 $12,460 $2,310 $10,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5042695

MLS Now

APN: 112-13-060