NOT LISTED FOR SALE

4563 State Rd Cleveland, OH 44109

Old Brooklyn Neighborhood
6 Beds
4 Baths
4,464 Sq Ft
6,434 Sq Ft Lot

Last Sold November 09, 2020

Last sale price $171,500 $38 Per Sq Ft

2 Days on Market

Highlights

  • Forced Air Heating System
  • West Facing Home
  • Partially Fenced Property

About This Home

As of November 2020

Are you looking for your next Cash Flow Machine? Check out this beautiful 4 unit Old Brooklyn building! The front of the building has an up and down unit. The down unit features new vinyl life proof floors in the kitchen and bath, and fresh paint floor to ceiling. There is an eat in kitchen, family room, bedroom, and a full bath. The upstairs front unit has a long term tenant and features an eat in kitchen, family room, bedroom, bathroom and a cover porch. The rear of the building has one unit down featuring fresh paint floor to ceiling, and newer finished floors. This unit has a bedroom, family room, bathroom, and eat in kitchen. The rear up unit is the largest and features 2 bedrooms, kitchen, bath, family room, and a large bonus room in the attic that be used as a third bedroom or converted into a 5th unit. This building has had many improvements and is very well maintained. This cash flow machine is currently brining in $25,800 annually with room for increases. Owner is responsible for water and sewer. Do not miss your opportunity to earn an awesome passive income!

Last Agent to Sell the Property

Jason Hoag

EXP Realty, LLC. License #2014002942 Listed on: 09/23/2020

EXP Realty, LLC.

Last Buyer's Agent

Spiridione Saliba

Fathom Realty License #2013002517

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,971

Year Built

  • Built in 1925

Lot Details

  • 6,434 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,464 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Hillcrest Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 011-09-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,971

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: West
  • Price Per Square Foot: 38.42
  • Estimated Price per Sq Ft: 38.42
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 4464
  • Year Built: 1925
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Common, Full
  • Sq Ft Approx Above Grade Finished: 4464.00
  • Sq Ft Approx Total Finished: 4464.00

Exterior Features

  • Exterior: Wood
  • Fences: Partial, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Hillcrest

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1477
  • Parcel Number: 011-09-017

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 25800.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2971

Range of Values:

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List Price
Sold Price
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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 Prior Sale
11/09/2020 11/09/20 Sold $171,500 -2.6% $38 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $176,000 +131.6% $39 / Sq Ft
05/14/2017 05/14/17 Sold $76,000 -9.0% -- View Prior Sale
05/11/2017 05/11/17 For Sale $83,500 -- --
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Hoag

    Seller's Agent in 2020

    Jason Hoag

    EXP Realty, LLC.

    (216) 287-8500

    5 in this area

    137 Total Sales

    Jason Hoag
    Section Image
  • Spiridione Saliba

    Buyer's Agent in 2020

    Spiridione Saliba

    Fathom Realty

    7 in this area

    42 Total Sales

    Spiridione Saliba
    Section Image

  • R

    Seller's Agent in 2017

    Ronald Chervenak

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 4226491

MLS Now
Ohio Cuyahoga County Cleveland 44109 Old Brooklyn

4563 State Rd, Cleveland, OH

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