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Key Details
Sold Price $437,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,369 sqft
Price per Sqft $129
Subdivision Coventry Park
MLS Listing ID 5021500
Sold Date 05/15/24
Bedrooms 5
Full Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,369
Year Built 1915
Annual Tax Amount $7,088
Tax Year 2023
Lot Size 5,828 Sqft
Acres 0.1338
Property Description
Mint-condition triplex on Renrock - one block from Cedar + Coventry. Your cannot beat this location!! This stunning property, which easily beats the 1% Rule, has been used as a furnished mid-term rental for medical professionals (all furniture to convey with title), but would also be the most ideal property for an owner-occupant. 1st and 2nd floor suites each have remodeled kitchens and baths, and feature 2 bedrooms + sunroom. The 3rd floor features 1 bedroom and also has a remodeled bathroom and kitchenette. Seller was generating approximately $60K+ per year. There is a 5-year home warranty that covers all appliances and will transfer with title. Property will transfer POS-compliant. All windows are vinyl and the roof with skylight was recently replaced. A new stack was installed in 2024. You can squeeze 5 cars onto the property. Video tours are available. Property Management is available.
Location
State OH
County Cuyahoga
Direction West
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Multi Units, Wall Unit(s), Wall/Window Unit(s)
Fireplace No
Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Exterior
Garage Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Detached, Garage
Private Pool No
Building
Faces West
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 684-18-051
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing Other
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Bought with Dannie Moore • Keller Williams Chervenic Rlty
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