Listed By
Agency Name: Premier Heights Realty LLC
Agency Contact: 216-860-0005, sophie@premierheights.com
Shown By
Agent Name: Meyer & Dial
Agent Phone: (614) 340-9660
Agency Title: Cutler Real Estate
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Property Description
TRIPLEX with inviting front porches in prime Cleveland Heights location, just one block from Coventry and minutes to the hospitals and Case Western Reserve University is a great fit for OWNER-OCCUPANTS. The vacant first floor is a 3-bedroom, 1 bath unit. This unit has recently been refreshed with fresh paint, new flooring in the kitchen and bathroom, new light fixtures, faucets, etc., as well as replacement windows. The second floor was previously a 3-bedroom unit, but was converted by the previous owner-occupant into a 2-bedroom, 1 bath. The wall that was removed to create a larger bedroom could easily be replaced to return to a 3-bedroom unit. The 3rd floor is a proper 1 bedroom with private full bathroom and kitchenette (not a full kitchen). Unit 3 is FURNISHED and currently listed for rent for $1,000. Fair Market Rent for a 3-bedroom in this pocket of Cleveland Heights is $1350, bringing the annual gross rent potential to approximately $44K, EASILY beating the 1% Rule and 10-Cap requirement. Other features include: 3 electric meters and 3 gas meters, replacement WINDOWS on the 1st floor, NEWER mechanicals, and 2-car garage with automatic opener and additional parking pad in the back. The property will transfer POS-compliant.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Market: 2
Garage: 2
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $4,790 / year
Year Built: 1920
Feature Descriptions
Appliances: Range, Refrigerator
Exterior: Vinyl Siding, Wood Siding
Parcel#: 684-01-092
Parking: Detached, Garage
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Hts-Univer - 1810
Estimate Your Payment
Estimated Payment
$ 2,026.84 per month $1,540.20 Principal & Interest $399.17 Property Tax $87.47 Homeowner's InsuranceChange Payment Information
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1695 Glenmont Road | MLS# 5225862
This multi-family property located at 1695 Glenmont Road, Cleveland Heights, OH 44118 is currently listed for sale with an asking price of $299,900. Glenmont Road is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on www.meyeranddial.com today.