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1588 S Green RD South Euclid, OH 44121
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Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,174 sqft
Price per Sqft $64
Subdivision Euclid 03
MLS Listing ID 5041426
Sold Date 08/02/24
Bedrooms 7
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,460
Year Built 1893
Annual Tax Amount $6,092
Tax Year 2023
Lot Size 0.484 Acres
Acres 0.4844
Property Description
Attention Investors! Current owner looking to liquidate. Amazing CAP Rate! - Don't miss out on this incredible opportunity! Fully updated and lawful triplex with Certificate of Occupancy issued March 2024 is Violation Free and located in a highly desirable area... A dream come true for Investors or an Owner Occupancy. The property was gut renovated and boasts all-new features, including new floors, new carpets, new tiling, new walls, new rough and new finish electrical (including new panel boxes and sub-panels in each unit), plumbing and 3 independent HVAC units, new kitchens and appliances, new bathrooms, new doors and more. All three units are rented out. The first floor unit features three bedrooms and one bathroom. The second floor unit is also a three bedroom one bathroom. The third floor unit is one/two bedroom and one bathroom. A convenient laundry area for all three units is located in the basement. The property sits on an expansive wooded lot nearly 500 feet deep, perfect for relaxation, and features an extra-large gravel driveway and parking pad that can accommodate multiple cars. Located near universities, colleges, medical centers, and highways, this property is in a prime area for easy rentals. Don't let this opportunity slip away - it won't last long!
Location
State OH
County Cuyahoga
Rooms
Basement Full, Storage Space, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dryer, Range, Refrigerator
Laundry Common Area, In Basement
Exterior
Parking Features Gravel
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Lot Description Wooded
Story 4
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District South Euclid-Lyndhurst - 1829
Others
Tax ID 703-29-019
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
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Bought with Mona Bhatia • Howard Hanna