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2155-2159 Murray Hill Road
Cleveland, Ohio OH 44106
$544,000 Sold For
8 Bedrooms
4 Full Baths
4 Total Baths
3,356 SqFt
4379071 Listing ID
Incredibly rare opportunity to own TWO Little Italy duplexes right next to each other on the Murray Hill main drag! So many options to own FOUR units in one of Cleveland's hottest neighborhoods. Occupy one unit and have a steady stream of income from the solid, never-ending tenant base in Little Italy, purchase solely as an income producing property and take advantage of the surging rents in Little Italy, or implement an Airbnb to cater to the traveling students and medical professionals. The opportunities are endless! 2155 and 2159 are up and down duplexes, each containing (2) two bedroom, one bathroom units. They've been owned by the same family for years and meticulously maintained. Updates include: central AC, newer hot water tanks (less than 3 years on most), high efficiency furnaces in each unit, a new roof last year on 2155, vinyl windows installed on both homes less than 10 years ago, a new water line in 2155, various plumbing updates, and some cosmetic updates (vinyl plank, new cabinets, paint, etc..). Rents are very SIGNIFICANTLY under market, allowing a new owner to take advantage of the rent growth that has been missed out on. Tenants are responsible for their own electricity and gas, while the landlord pays water/sewer. The properties also share a private parking lot and sizable yard in the back of the houses which is very rare and valuable in the Little Italy area. The new owner can easily charge a premium for off-street parking for additional income!
Schedule Showing
Status Closed
County Cuyahoga
Year Built 1903
Property Type Residential
Residential
Property Sub Type Quadruplex

Primary Features

County: Cuyahoga
Property Sub Type: Quadruplex
Property Type: Residential
Year Built: 1903

Interior

Above Grade Finished Area: 3356
Above Grade Finished Area Source: Assessor
Basement: yes
Cooling: yes
Cooling Type: Central Air
Heating: yes
Heating Type: Forced Air, Gas
Laundry Features: Common Area

External

Construction Materials: Vinyl Siding
Exterior Features: Paved Driveway
Garage: no
Lot Size Units: Acres
Number Of Buildings: 2
Number Of Units In Community: 4
Parking Features: No Garage
Roof: Asphalt, Fiberglass
Sewer: Public Sewer
Water Source: Public

Location

Building Area Total: 3356
Directions: South of Mayfield Rd
Elementary School District: Cleveland Municipal
High School District: Cleveland Municipal
Middle Or Junior School District: Cleveland Municipal
Postal City: Cleveland

Additional

Home Warranty: no
Human Modified: no
Mls Status: Closed
Permission: IDX
Property Sub Type Additional: Quadruplex, Multi Family
Year Built Details: Actual YBT

Financial

Buyer Financing: Cash
Listing Terms: Cash, Conventional, Trade
Possession: Delivery Of Deed

Zoning Info


Contact - Listing ID 4379071

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Citiroc Real Estate Company

635 W. Lakeside ave #202
Cleveland, OH 44113
Phone: 216-245-3343

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635 West Lakeside Avenue
Suite 100
Cleveland, Ohio 44113
Phone: 216-245-3343
Fax: 216-245-5630
info@citiroc.com
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