Cleveland Heights, OH 44118,2647 Idlewood RD
Cleveland Heights, OH 44118,2647 Idlewood RD
Cleveland Heights, OH 44118,2647 Idlewood RD
35
$225,000
$250,000
10.0%
Est.Price: ?

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5 BD
3 BA
3,300 SqFt

2647 Idlewood RD Cleveland Heights, OH 44118

Est. payment /mo
SOLD DATE : 06/01/2020

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Key Details

Sold Price $225,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $68

Subdivision Fairmount Heights

MLS Listing ID 4181059

Sold Date 06/01/20

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,300

Year Built 1926

Annual Tax Amount $5,900

Lot Size 6,398 Sqft

Acres 0.1469

Property Description

Young professional rental providing an annual 25.6% cash on cash return! Beautiful 3 unit fully occupied young professional rental located in the heart of Cleveland Heights on a highly desirable and easy to rent street located at 2647 Idlewood Road, Cleveland Heights OH 44118! The first and second floor units each have two bedrooms and one bath. The third floor is a rentable suite with one bedroom, fully updated with skylights. All units have updated kitchens and bathrooms. Walkable to the Lee Road commercial district, this house is just minutes from CWRU and the renowned Cleveland hospital systems! Fully point of sale compliant! Turnkey easy and profitable rental! Each units is fully occupied with tenants paying all of their own utilities including gas and electric with water/sewer billed prorate back to each of the tenants. Has room to park 5 cars. Net operating income after tenant reimbursements and expenses is $28,051. Realtor is related/involved with the selling group.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Paved

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Building

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 687-19-015

Financing FHA

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Listed by Joshua Stone • Smartland, LLC.
Bought with Teri G Chmielewski • Keller Williams Greater Metropolitan

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Derek Villers

REALTOR/Salesperson | License ID: WVS200301302

+1(304) 532-4907

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