For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $104,082
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,944 sqft
Price per Sqft $53
Subdivision A J Hiechur Broadview Spg Road S
MLS Listing ID 4502228
Sold Date 03/27/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,944
Year Built 1919
Annual Tax Amount $2,025
Lot Size 4,238 Sqft
Acres 0.0973
Property Description
SEASONED INVESTOR, THIS ONE IS FOR YOU! This fully occupied duplex located in the heart of Old Brooklyn is ready for the next investor to come and bring this gem to life. Each unit boasts an oversized living and dining area with cute built-in storage benches and cabinets, a good size kitchen, 2 generous bedrooms and 1 bath each. There is a foundation issue that can be discussed further with interested buyers. Tenants that are in place are long term and would like to stay. Current CAP rate is 4.1%, but should be a 9.4% with rent increases. Don't let this CASH COW sneak away.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement, Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area
Exterior
Garage Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Detached, Garage, Paved
Building
Lot Description City Lot
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 009-26-114
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Richard S Stone • Century 21 Homestar