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14172 Superior Road

Cleveland Heights, OH 44118
  • $239,950
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 5025000
Price Reduced
UPDATED: 191 min ago
$239,950
  • 5
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,615
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

School District:
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2024 YES-MLS.

Description

INVESTOR SPECIAL! Take a look at this tenant occupied triplex, which at full occupancy will generate over $2,650 a month! The first unit and second unit are both 2 bed, 1 bath and occupied at $1,000 and $950 a month. The third unit is a 1 bed, 1 bath and currently vacant. It was previously rented at $700 a month. This property has been recently renovated including new flooring, interior paint, newer ac units, new hot water tanks, updated electrical, plumbing and duct work has been completed. The top unit is in the process of receiving new flooring, kitchen cabinets, interior paint and new window. Current cap rate for the property is 7.1% at asking price without the top unit being rented! Cap rate will be above 11% with full occupancy! In close proximity to restaurants, shopping centers, hospitals, freeway access, and downtown Cleveland! Mix and match! This property can be bought individually or as a package deal with 684-03-007, 684-03-033 or all 3 for $1,919,900. Hurry! This won't last long!

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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-23T07:07:54.593.
www.visionsalesteam.com/homes/148811916
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14172 Superior Road Cleveland Heights, OH 44118

  • Price: $239,950
  • Status: Active
  • On Site: 122 Days
  • Updated: 191 min ago
  • MLS #: 5025000
5
Beds
3
Baths
0
½ Baths
0.14
Acres
3,615
SQFT
$66
$/SQFT
1930
Built
Neighborhood:
Euclid
County:
Cuyahoga
Area:
Cleveland Heights
School District:
Cleveland Hts-Univer
Property Description
INVESTOR SPECIAL! Take a look at this tenant occupied triplex, which at full occupancy will generate over $2,650 a month! The first unit and second unit are both 2 bed, 1 bath and occupied at $1,000 and $950 a month. The third unit is a 1 bed, 1 bath and currently vacant. It was previously rented at $700 a month. This property has been recently renovated including new flooring, interior paint, newer ac units, new hot water tanks, updated electrical, plumbing and duct work has been completed. The top unit is in the process of receiving new flooring, kitchen cabinets, interior paint and new window. Current cap rate for the property is 7.1% at asking price without the top unit being rented! Cap rate will be above 11% with full occupancy! In close proximity to restaurants, shopping centers, hospitals, freeway access, and downtown Cleveland! Mix and match! This property can be bought individually or as a package deal with 684-03-007, 684-03-033 or all 3 for $1,919,900. Hurry! This won't last long!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Vinyl Siding Garage YN No Levels Three Or More Parking Features Driveway Parking Lot On Street Roof Asphalt Fiberglass Shingle Waterfront YN No

Interior Features

Basement Unfinished Basement YN Yes Cooling Central Air Cooling YN Yes Heating Hot Water Steam Heating YN Yes Main Level Bathrooms 0

Property Features

Above Grade Finished Area 3615 Elementary School District Cleveland Hts- Univer - 1810 Home Warranty YN No Middle Or Junior School District Cleveland Hts- Univer - 1810 Property Sub Type Triplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 5914 Township Cleveland Heights Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Coldwell Banker Schmidt Realty: 440-951-1410.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-23T07:07:54.593.
 
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Keller Williams Chervenic Realty
3333 Massillon Rd., Suite 10
Akron OH, 44312
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2024 YES-MLS.