2116 Surrey , #5

    Cleveland Heights, OH 44106
    • $89,900
    • STATUS: Active
    • ON SITE: 79 days
    • MLS #: 4033638
    UPDATED: 36 min ago
    $89,900
    • 1
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,000
      SQFT
    • $90
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1920
    County:

    School Ratings & Info

    School District:
    Listing courtesy of List.
    Listing information © 2017 NEOHREX MLS.

    Description

    ATTENTION INVESTORS! HUGE OPPORTUNITY in Cleveland Heights near the high demand Cedar/Fairmount area! Developer is selling this 1 BR 1 BA rental unit for an incredible price. The other 4 units in this building sold for $150K-165K. This unit was completely renovated with a new kitchen, new bathroom, all new flooring, new light fixtures, and fresh paint. This unit has off street parking in the rear of the building & lots of on street parking available. This entire building was completely renovated to include 5 fully remodeled units, brand new 3 story rear deck, newer boiler system and so much more. Currently rented way below market value ($9,180/year gross income) obviously leaving room for increased rents. Unit 4 is lease as a 2 BR 1 BA at $1500/month. Current tenant is very well qualified, was at his previous property for 5 years and loves this location and plans on staying much longer if new buyer allows. 1.3 Miles from Case Western. 2.1 Miles from the Cleveland Clinic. 1 block from grocery shopping, restaurants, banks, starbucks, etc. Don't hesitate on this opportunity for appreciation and increased cashflows on this completely renovated and occupied turn key rental investment property.

    Monthly Payment Calculator

    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Trends 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 2018-11-19T12:07:30.003.
    www.trendsrealtyofohio.com/homes/87090967

    2116 Surrey , #5 Cleveland Heights, OH 44106

    • Price: $89,900
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 4033638
    1
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,000
    SQFT
    $90
    $/SQFT
    1920
    Built
    Neighborhood:
    Cleveland Heights
    County:
    Cuyahoga
    Area:
    Cleveland Heights
    School District:
    Cleveland Hts-Univer
    Property Description
    ATTENTION INVESTORS! HUGE OPPORTUNITY in Cleveland Heights near the high demand Cedar/Fairmount area! Developer is selling this 1 BR 1 BA rental unit for an incredible price. The other 4 units in this building sold for $150K-165K. This unit was completely renovated with a new kitchen, new bathroom, all new flooring, new light fixtures, and fresh paint. This unit has off street parking in the rear of the building & lots of on street parking available. This entire building was completely renovated to include 5 fully remodeled units, brand new 3 story rear deck, newer boiler system and so much more. Currently rented way below market value ($9,180/year gross income) obviously leaving room for increased rents. Unit 4 is lease as a 2 BR 1 BA at $1500/month. Current tenant is very well qualified, was at his previous property for 5 years and loves this location and plans on staying much longer if new buyer allows. 1.3 Miles from Case Western. 2.1 Miles from the Cleveland Clinic. 1 block from grocery shopping, restaurants, banks, starbucks, etc. Don't hesitate on this opportunity for appreciation and increased cashflows on this completely renovated and occupied turn key rental investment property.
    Exterior Features

    Driveway Paved Exterior Brick Garage Features None Roof Flat Style Conventional

    Interior Features

    Basement Yes Cooling Type None Heating Fuel Gas Heating Type Radiators Total Fireplaces 0

    Property Features

    Annual Taxes 2711 Assessments No Association Other Auction No Available Financing Conventional HOA Yes Hoa Fee 146.11 Hoa Fee Frequency Monthly Hoa Fee Includes Association InsuranceElectricExterior BuildingGarage/ParkingHeatLandscapingReserve FundSewerSnow RemovalTrash RemovalWater Hoa Name Surrey Rd Condo Association Homestead Exemption No Maint Fee No Restrictions None Short Sale No Warranty Yes Water Sewer Public WaterPublic Sewer Year Built Exception Not Verifiable

    Listing information © 2018 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of List.
    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Trends 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 2018-11-19T12:07:30.003.
     
    RE/MAX Trends Realty
    2930 Edison St
    Uniontown OH, 44685
    Listing courtesy of List.
    Listing information © 2017 NEOHREX MLS.