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Key Details
Sold Price $299,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,737 sqft
Price per Sqft $63
Subdivision Emil C Preyers Proposed
MLS Listing ID 5006583
Sold Date 08/13/24
Bedrooms 6
Full Baths 3
Half Baths 2
HOA Y/N No
Abv Grd Liv Area 4,737
Year Built 1920
Annual Tax Amount $5,034
Tax Year 2022
Lot Size 6,952 Sqft
Acres 0.1596
Property Description
Location, Location, Location. Rarely do you run across a significant investment like this: A four-bedroom on each side, and you can comfortably live on one and use the other for income. It has the same floor plan on each side with private basements and a Newly redone front porch last December. This excellent location property has a little foyer at the entry to the two separate units, a back door to the basement, and a door to the back porch from the kitchen and from the top patios. 14625 unit has all original hardwood floors, one full bathroom on the second floor, a half bath, and a new Furnace, and it is a must-see with mostly all its originality.
14267 is newly painted with fresh carpet, and there is a new second full bathroom in the attic, which could be a private unit for anyone looking for privacy; you will need to go down to the kitchen to make your food. This unit has two complete and half bathrooms. Both units are available for the new owner to live in and earn money with a short-term rental on the second unit to pay the mortgage. Each unit has the original hardwood floors, private basements, and separate entrances. The spacious floor plans feature generous rooms with bedrooms in a desirable location of Cleveland Heights close to Case Western University, Cleveland Clinic, University Circle, and an 11-minute walk to Forest Hill Park, a significant area of value for your money. If his property gets into the hands of the right investor, It could be a cash cow as you could make $1,000 per room if used as a short-term rental home for traveling nurses or students. There is potential to make a significant amount. Both units are vacant. The owner lives in one and rents the other. POS will be compliant before transfer. Back on the Market Due to the Buyer Requesting a Huge Price Reduction despite the Home appraisal over the List Price, Selling in AS-IS.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Driveway, Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Waterfront No
Water Access Desc Public
Roof Type Asphalt
Parking Type Driveway, Detached, Garage
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 684-08-021
Financing FHA
Special Listing Condition Standard
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Bought with Kemi Alege • Coldwell Banker Schmidt Realty