13582 Cedar Road, University Heights, OH 44118

$220,000
4
BD
3
BA
3,312
SqFt

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Sold Price
$220,000
List Price
$220,000
Status
CLOSED
Stories
2
MLS#
5056090
Year Built
1940
Closing Date
Sep 06, 2024
Bedrooms
4
Bathrooms
3
Half-baths
1
Living Area
3,312
Region
University Heights
Township
University Heights

Property Description

INCREDIBLE INVESTMENT opportunity to purchase a fabulously well maintained duplex home in University Heights. Both identical units have 2 bedrooms, 1 full bathroom, fully equipped kitchen, dining room, fireplace and a lovely sunroom off the second bedroom. Additionally each unit has beautiful hardwood floors, plenty of windows to allow a lot of natural light, window treatments, and much more. The first unit has a large walk in pantry in the kitchen, and the second unit has a beautiful bay window in the kitchen. The 3 car detached garage is awesome and has a large driveway for easy parking and turn around. The basement has 2 washers and 2 dryers. The first floor unit is owned occupied, and the second floor unit has a long term tenant paying $675.00/month and has a lease until December 31, 2024. Based on past rentals, each unit would be able to rent for $1000-$1250/month. First floor unit has a brand new furnace and A/C. Both were replaced in June, 2024! The roof was replaced in 2015, one water heater was replaced in 2022. This is one that you don't want to miss. Fantastic chance to own your first home while building your rental portfolio in a great location!

Additional Information

Taxes
$4,666
Acres
0.14
Sewer
Public Sewer
Roof
Aluminum
Water
Public
Garage Spaces
3
Heating
Forced Air
Cooling
Central Air
School District
Cleveland Hts-Univer - 1810

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Calculator source: Real Geeks

Listing Courtesy of: Leslie Munsell, lsmunsell@gmail.com With HomeSmart Real Estate Momentum LLC

Selling Office: Century 21 Homestar.

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