Vision Sales Team

1695 Glenmont Road

Cleveland Heights, OH 44118

MLS#: 5225862

$299,900

Status: Active
Listing number: 5225862
Listing provided by: Premier Heights Realty LLC
Listing agent phone: None
Last update: 14 hours ago
New on site 1 day ago
Browse Properties
Coventry-Mayfield Land Co - Residential Income

Property

Beds

6

Full Baths

3

1/2 Baths

None

Year Built

1920

Sq.Footage

3,212

TRIPLEX with inviting front porches in prime Cleveland Heights location, just one block from Coventry and minutes to the hospitals and Case Western Reserve University is a great fit for OWNER-OCCUPANTS. The vacant first floor is a 3-bedroom, 1 bath unit. This unit has recently been refreshed with fresh paint, new flooring in the kitchen and bathroom, new light fixtures, faucets, etc., as well as replacement windows. The second floor was previously a 3-bedroom unit, but was converted by the previous owner-occupant into a 2-bedroom, 1 bath. The wall that was removed to create a larger bedroom could easily be replaced to return to a 3-bedroom unit. The 3rd floor is a proper 1 bedroom with private full bathroom and kitchenette. Unit 3 is FURNISHED and currently listed for rent for $1,000. Fair Market Rent for a 3-bedroom in this pocket of Cleveland Heights is $1350, bringing the annual gross rent potential to approximately $44K, EASILY beating the 1% Rule and 10-Cap requirement. Other features include: 3 electric meters and 3 gas meters, replacement WINDOWS on the 1st floor, NEWER mechanicals, and 2-car garage with automatic opener and additional parking pad in the back. The property will transfer POS-compliant.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    3

  • Above Grade Finished Area

    3212.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Vinyl Siding, Wood Siding

  • Parking

    Detached, Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1412

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $299,900

  • Tax Amount

    $4,790

  • Sq. Footage

    3,212

  • Price/SqFt

    $93

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Hts-Univer - 1810

  • Middle School

    Cleveland Hts-Univer - 1810

  • High School

    Cleveland Hts-Univer - 1810

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Hts-Univer - 1810

Middle School

Cleveland Hts-Univer - 1810

High School

Cleveland Hts-Univer - 1810

Listing Courtesy of Sophie Boehlen , Premier Heights Realty LLC

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Agent Gregory Sharier

AGENT

Gregory Sharier

Call Gregory today to schedule a private showing.

(330) 573-8039

Gregory@visionsalesteam.com


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TRIPLEX with inviting front porches in prime Cleveland Heights location, just one block from Coventry and minutes to the hospitals and Case Western Reserve University is a great fit for OWNER-OCCUPANTS. The vacant first floor is a 3-bedroom, 1 bath unit. This unit has recently been refreshed with fresh paint, new flooring in the kitchen and bathroom, new light fixtures, faucets, etc., as well as replacement windows. The second floor was previously a 3-bedroom unit, but was converted by the previous owner-occupant into a 2-bedroom, 1 bath. The wall that was removed to create a larger bedroom could easily be replaced to return to a 3-bedroom unit. The 3rd floor is a proper 1 bedroom with private full bathroom and kitchenette. Unit 3 is FURNISHED and currently listed for rent for $1,000. Fair Market Rent for a 3-bedroom in this pocket of Cleveland Heights is $1350, bringing the annual gross rent potential to approximately $44K, EASILY beating the 1% Rule and 10-Cap requirement. Other features include: 3 electric meters and 3 gas meters, replacement WINDOWS on the 1st floor, NEWER mechanicals, and 2-car garage with automatic opener and additional parking pad in the back. The property will transfer POS-compliant.

1695 Glenmont Road

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