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Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,308 sqft
Price per Sqft $90
Subdivision Margaret Althen
MLS Listing ID 5048780
Sold Date 09/13/24
Bedrooms 8
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,308
Year Built 1940
Annual Tax Amount $827
Tax Year 2023
Lot Size 6,346 Sqft
Acres 0.1457
Property Description
HUGE duplex in up and coming area near Metrohealth hospital and Ohio City. This duplex offers 2- 4bedrom units with over 1000+ sq ft each. The lower unit is occupied at $1100/ mo by great, long term tenant and offers its occupants a rare 2 full bathrooms. The upper unit is currently vacant and offers another 4 bedrooms wtih 1 bath. It has been recently updated with new paint and carpet throughout. This unit offers a great opportunity to house hack or could be occupied by a private pay tenant at 1300+ minimum (with much more possible with section 8). Both furnaces and hot water tanks are newer, within 5 years old. The basement is just a crawl space so theres no basement to have to contend with either! The back yard is fully fenced in, offering privacy and security for the tenants. Tenants pay their own gas and electric and taxes are less then $850/year! The location is right where everyone wants to be and offers the rare opportunity for some appreciation in northeast Ohio. This is priced well below comps that had less bedrooms to offer you a great deal! Showings of the upper unit only. There is built in equity, the opportunity to house hack, no major rehab needed and it works for cash, conventional and DSCR buyers.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage None
Fence Wood
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 007-31-141
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other
Special Listing Condition Standard
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