2430 Overlook Road, Cleveland Heights, OH 44106

$560,000
9
BD
4
BA
4,793
SqFt

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Sold Price
$560,000
List Price
$585,000
Status
CLOSED
MLS#
5031217
Year Built
1917
Closing Date
Sep 10, 2024
Bedrooms
9
Bathrooms
4
Living Area
4,793
Region
Cleveland Heights
Township
Cleveland Heights
Subdivision / Building
Euclid Heights Allotment

Property Description

Rare, beautifully kept, brick TRUE Triplex WITH carriage house! Incredible opportunity for an investor or owner occupant to own FOUR units in the hottest spot on the east side of Cleveland! Perfectly located on Overlook road, this property is nestled right in between Little Italy, Cedar Hill and Coventry Village. Proximity is key as potential owner occupants and tenants alike will love the walkability to universities, bars, restaurants, employment and entertainment. This is the perfect opportunity for an owner occupant or investor to also take advantage of the hot Airbnb / Mid-term rental market in the area! Amongst the four total suites, there are: (2) three bedroom, one bathroom suites in the main house, (1) two bedroom, one bathroom suite on the third floor of the main house, and the carriage house above the garage is (1) one bedroom, one bathroom WITH a lofted space. The units are large and spacious, with hardwood floors and some updates throughout. In addition, recently some mechanicals have been updated, a new boiler installed, all vinyl windows installed, and a roof less than 10 years old. Currently all units are occupied with rents well below market. The property has a two car garage as well as additional parking in the back of the house on the driveway. There is also a coin operated washer and dryer provided for tenants in the basement. *Note: The auditor's website states that the heat type is hot water/steam but the owner states that hot water/steam is only used in the carriage house and the heat type for the main house is forced air furnaces.

Additional Information

Taxes
$13,760
Acres
0.44
Sewer
Public Sewer
Roof
Composition
Water
Public
Garage Spaces
2
Heating
Forced Air, Gas
Cooling
Central Air
School District
Cleveland Hts-Univer - 1810

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Calculator source: Real Geeks

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: EXP Realty, LLC..

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