For more information on this property,
contact Citiroc Real Estate Company at 216-245-3343 or jon@citiroc.com
2873
W
14,
Cleveland,
Ohio
OH
44113
Sold For: $440,000
Listing ID 4318254
Status Closed
Bedrooms 8
Full Baths 5
Total Baths 5
SqFt 4,584
Acres 0.190
Year Built 1890
Property Description:
Very rare 4 unit property that gives the ability for traditional lending, if necessary. This 4,584 ft² historical 19th century home sits in the sought after Tremont neighborhood, known for its numerous shops and art galleries, as well as restaurants, bars, and bistros.
This property offers you the opportunity for an owner occupied home, true investment property, or even a more lucrative Airbnb business model. Current yearly gross income is $51,360. Live here for free and make money while you're at it! Owner had lived at the property, and has kept up with proper maintenance and updates to the units and property. All four units have strong rental history with overwhelming application interest every posting. Three of the four units are currently leased. One unit is being prepared to list and have new tenants already requesting a lease. Third floor loft has just had a full renovation that is absolutely stunning, including a skyline view. Mechanically, everything has been updated. Electrical panels are current. Hot water tanks replaced December of 2020. HVAC units we're replaced in 2020 including two new AC units for unit 1 and unit 4. A new roof was put on 2021.
Primary Features
County:
Cuyahoga
Property Sub Type:
Quadruplex
Property Type:
Residential
Year Built:
1890
Interior
Above Grade Finished Area:
4584
Above Grade Finished Area Source:
Owner
Basement:
yes
Cooling:
no
Cooling Type:
None
Heating:
yes
Heating Type:
Forced Air, Gas
Laundry Features:
Common Area
External
Attached Garage:
no
Construction Materials:
Aluminum Siding
Exterior Features:
Paved Driveway
Fencing:
Chain Link, Partial
Garage:
yes
Garage Spaces:
3
Lot Features:
Corner Lot
Lot Size Area:
0.19
Lot Size Source:
Public Records
Lot Size Units:
Acres
New Construction:
yes
Number Of Buildings:
1
Number Of Units In Community:
4
Number Of Units Total:
4
Parking Features:
Detached, Garage
Property Condition:
New Construction
Roof:
Asphalt, Fiberglass
Sewer:
Public Sewer
Water Source:
Public
Location
Building Area Total:
4584
Community Features:
Park
Directions:
Corner Of West 14 And Mentor
Elementary School District:
Cleveland Municipal
High School District:
Cleveland Municipal
Middle Or Junior School District:
Cleveland Municipal
Postal City:
Cleveland
View:
yes
View Type:
City
Additional
Accessibility Features:
None
Home Warranty:
no
Human Modified:
no
Mls Status:
Closed
Permission:
IDX
Property Sub Type Additional:
Quadruplex, Multi Family
Year Built Details:
New Construction
Financial
Buyer Financing:
FHA
Contingency:
Appraisal,Inspections
Gross Income:
51360
Listing Terms:
Cash, Conventional, FHA
Owner Pays:
None
Ownership:
Agent
Possession:
Delivery Of Deed
Tax Annual Amount:
4372
Tenant Pays:
All Utilities
Zoning Info
Contact
Citiroc Real Estate Company
635 W. Lakeside ave #202
Cleveland, OH 44113
Phone: 216-245-3343
Data services provided by IDX Broker
