2116 Surrey Rd , #5

    Cleveland Heights, OH 44106
    • $99,900
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 3992329
    UPDATED: 40 min ago
    $99,900
    • 1
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Condo
    Built:
    1917
    County:

    School Ratings & Info

    School District:
    Listing courtesy of List.
    Listing information © 2017 NEOHREX MLS.

    Description

    ATTENTION INVESTORS! HUGE OPPORTUNITY in Cleveland Heights near the high demand Cedar/Fairmount area! Developer is selling this 1 BR 1 BA rental unit for an incredible price. The other 4 units in this building sold for $150K-165K. This unit was completely renovated with a new kitchen, new bathroom, all new flooring, new light fixtures, and fresh paint. This unit has off street parking in the rear of the building & lots of on street parking available. This entire building was completely renovated to include 5 fully remodeled units, brand new 3 story rear deck, newer boiler system and so much more. Currently rented way below market value ($9,180/year gross income) obviously leaving room for increased rents. Unit 4 is lease as a 2 BR 1 BA at $1500/month. Current tenant is very well qualified, was at his previous property for 5 years and loves this location and plans on staying much longer if new buyer allows. 1.3 Miles from Case Western. 2.1 Miles from the Cleveland Clinic. 1 block from grocery shopping, restaurants, banks, starbucks, etc. Don't hesitate on this opportunity for appreciation and increased cashflows on this completely renovated and occupied turn key rental investment property.

    Monthly Payment Calculator

    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Valley Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2018-06-19T23:07:53.487.
    www.teamgosney.com/homes/82889340

    2116 Surrey Rd , #5 Cleveland Heights, OH 44106

    • Price: $99,900
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 3992329
    1
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    1917
    Built
    Neighborhood:
    Cleveland Heights
    County:
    Cuyahoga
    Area:
    Cleveland Heights
    School District:
    Cleveland Hts-Univer
    Property Description
    ATTENTION INVESTORS! HUGE OPPORTUNITY in Cleveland Heights near the high demand Cedar/Fairmount area! Developer is selling this 1 BR 1 BA rental unit for an incredible price. The other 4 units in this building sold for $150K-165K. This unit was completely renovated with a new kitchen, new bathroom, all new flooring, new light fixtures, and fresh paint. This unit has off street parking in the rear of the building & lots of on street parking available. This entire building was completely renovated to include 5 fully remodeled units, brand new 3 story rear deck, newer boiler system and so much more. Currently rented way below market value ($9,180/year gross income) obviously leaving room for increased rents. Unit 4 is lease as a 2 BR 1 BA at $1500/month. Current tenant is very well qualified, was at his previous property for 5 years and loves this location and plans on staying much longer if new buyer allows. 1.3 Miles from Case Western. 2.1 Miles from the Cleveland Clinic. 1 block from grocery shopping, restaurants, banks, starbucks, etc. Don't hesitate on this opportunity for appreciation and increased cashflows on this completely renovated and occupied turn key rental investment property.
    Exterior Features

    Driveway Paved Exterior Brick Garage Features Parking Lot Roof Flat Style Multi-Unit Building

    Interior Features

    Basement Yes Cooling Type None Heating Fuel Gas Heating Type Hot Water/Steam Total Fireplaces 0 Total Rooms 3

    Property Features

    Annual Taxes 2700 Assessments No Association Centralized Real Estate Info Auction No HOA Yes Hoa Fee 147.50 Hoa Fee Frequency Monthly Hoa Fee Includes Association InsuranceElectricExterior BuildingGarage/ParkingGasHeatLandscapingReserve FundSewerSnow RemovalTrash RemovalWater Hoa Name Surrey Rd Condominium Association Homestead Exemption No Maint Fee No Restrictions None Short Sale No Township Cleveland Heights Warranty Yes Water Sewer Public WaterPublic Sewer Year Built Exception Not Verifiable

    Listing information © 2018 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of List.
    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Valley Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2018-06-19T23:07:53.487.
     
    RE/MAX Valley Real Estate
    1040 S. Commons Pl. Suite 102
    Youngstown OH, 44514
    Listing courtesy of List.
    Listing information © 2017 NEOHREX MLS.