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Kenny Mayle

kenny@kennysellsohio.com +1(330) 446-0241

$315,000

Est. payment - /mo

7 Beds

3 Baths

3,300 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $95

Subdivision Coventry-Mayfield Cos

MLS Listing ID 5186518

Bedrooms 7

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 3,300

Year Built 1920

Annual Tax Amount $6,968

Tax Year 2025

Lot Size 6,120 Sqft

Acres 0.1405

Property Sub-Type Triplex

Property Description

Nicely updated triplex with Gross Annual Rents exceeding $41K in prime Cleveland Heights location... just a short walking distance to Coventry Village and a few minutes' drive to CWRU and the main campuses of both University Hospitals and The Cleveland Clinic. The first and second floors offer rare 3-bedroom units with remodeled bathrooms and kitchens, have a formal dining room with built-ins, a living room with decorative fireplace, as well as a sunroom for additional living space. The third floor is a large efficiency with vaulted ceilings, an updated kitchenette, and a remodeled bathroom with in-unit washer and dryer. The basement laundry is shared by the first and second floor tenants. Currently, the property is tenant-occupied, except for the 2nd floor unit which we are keeping vacant for both ease of showing and for a potential owner-occupant. Unit 1 is rented for $1300 through July 31. Unit 2 was rented for $1365, but is currently vacant. Unit 3 is rented for $765 through June 30. Gross Annual Rents were $41,160 ($3,430/month). All mechanicals, roof, etc are in good working order. Numerous windows have already been replaced with vinyl. All kitchen and laundry appliances will convey. Property will transfer POS-compliant.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Appliance Dryer, Range, Refrigerator, Washer

Laundry Inside

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 684-01-064

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

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IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Jullian Vaughn • Premier Heights Realty LLC • 216-860-0005, sophie@premierheights.com

NEARBY SCHOOL & BUSINESS

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Kenny Mayle

+1(330) 446-0241

Agent | License ID: 2021000833

Agent License ID: 2021000833

2831 Avondale AVE Cleveland Heights, OH 44118

Kenny Mayle

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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