$300,000
$314,500
4.6%For more information regarding the value of a property, please contact us for a free consultation.
5,270 Sqft Lot
SOLD DATE : 05/24/2024
Key Details
Sold Price $300,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Hecker
MLS Listing ID 5018214
Sold Date 05/24/24
HOA Y/N No
Year Built 1917
Annual Tax Amount $3,584
Tax Year 2023
Lot Size 5,270 Sqft
Acres 0.121
Property Description
Charming Apartment Building with 5 out of 6 units recently renovated.
Including new furnaces, new hot water tanks, flooring, paint and some new windows.
Modern Amenities including updated kitchens equipped with appliances.
Abundant Natural Light: Large windows throughout the units flood the interiors with natural light, creating a warm and inviting ambiance.
Recent renovations have enhanced the property's appeal, with attention to detail evident in the tasteful finishes and premium materials used.
Individual Climate Control: Residents can personalize their comfort with individual heating systems, ensuring optimal temperature control year-round.
Ample Storage: Each unit offers ample storage space, including closets and cabinets, to accommodate residents' belongings and organizational needs.
The property offers proximity to local amenities, dining, shopping, and entertainment options.
Convenient Transportation: Easy access to public transportation hubs and major roadways facilitates commuting and travel to nearby destinations.
Strong Rental Demand: The property's desirable location and attractive features make it a highly desirable rental option, ensuring consistent demand and potential for attractive returns on investment. Rent received is $725 per month per unit. The unit that needs renovated is vacant. Tenants pay Gas & Electric. Landlord pays water & sewer.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Flat
Present Use Multi-Family
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 105-21-035
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Nicol T Ousley • Plum Tree Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "