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18518 Newell Road, Shaker Heights
$369,900
7 Beds ⋅ 3 Baths ⋅ 5245993 MLS
Excellent investment opportunity in Shaker Heights! This well-maintained multifamily property at 18518 Newell Road offers strong existing income, quality tenancy, and recent capital improvements. The property is currently leased and generating more than $4,200 per month in rental income, providing immediate cash flow for the next owner. The units are currently utilized by Beechmont Country Club, offering the benefit of an established, reputable tenant and an attractive rental history. Recent improvements include plumbing upgrades in both bathrooms along with updated kitchens featuring stainless steel appliances. The property also includes a highly desirable three-car garage, providing ample parking and additional functionality for tenants. Located in sought-after Shaker Heights, this is an excellent opportunity for an investor looking to acquire a stabilized multifamily asset with strong existing income, credible tenancy, recent improvements, and continued long-term potential. Turnkey income from day one!

18518 Newell Road, Shaker Heights

18518 Newell Road, Shaker Heights
$310,000
7 Beds ⋅ 3 Baths ⋅ 5076409 MLS
Here's the home to buy you've been looking for, a very attractive brick & stucco Shaker Hts. duplex located in a popular & sought after community! Live in 1 unit and let the rental provide you with a lucrative monthly income. Property also can be a lucrative addition to an investor's rental portfolio for solid, long-term rental income. With maximum comfort & charm, both units offer updated kitchens with new cabinetry, butcher block counter tops, & lament flooring. Both units have very spacious living & dining rooms with ornate fireplaces. You'll enjoy the pleasantness of the tall windows thru out that stream in the days sunlight. The 1st floor unit has 2 nice sized bedrooms and updated full bathroom. The 2nd fl unit offers 2 bedrooms & full bathroom, living & dining rooms along with a finished 3rd floor that offers an additional 3 bedrooms and a 2nd full bathroom! All this with updated ceramic tiled bathrooms and living spaces thru out with beautiful, authentic hardwood floors. The full basement is ample for storage and laundry. A three car garage for parking with front & back yards to relax and enjoy on your own or with family/friends. Conveniently located close to public transportation, interstate highways, area cultural destinations & just a short walk to Shaker's Van Aken District. Home to transfer with Compliance from Shaker Hts. Motivated Seller, send your offers! Easy to see, schedule your showing!

18518 Newell Road, Shaker Heights

18705 Newell Road, Shaker Heights
$252,500
4 Beds ⋅ 4 Baths ⋅ 5054771 MLS
Great investment opportunity in Shaker Heights! This well maintained 3 story brick Tudor style duplex is ready for a new owner. The upper unit features gorgeous cathedral ceilings, Marvin windows (2018), and hardwood floors. Just off the living room you'll find a dining room that lead to a cozy breakfast area and then on to the kitchens with white cabinetry and tiled floors (new in 2016). One bedroom on the second floor is carpeted, while the other is hardwood. The stairway to the third floor leads to the third bedroom and just off of that is a half bath that was remodeled in 2021. An office, another full bathroom, and finally an unfinished room complete the 3rd floor. Both first and second floors have the same layout. The unfinished basement is split in half so both units have their own laundry and storage space. Out back you'll enjoy a detached 2 car garage (opener new in 2023), a deck for the lower unit (2022) and a balcony for the upper unit. Gas and electric are separately meters, both units share water service. Some other updates include: boiler for lower unit 2015, numerous electrical, plumbing, and exterior. Located just off of RT422 just minutes away from Heinen's, Thorton Park, and Highland Park golf course. Call your favorite Realtor and schedule your private showing today!

18705 Newell Road, Shaker Heights

2745 Leighton Road, Shaker Heights
$691,000
4 Beds ⋅ 5 Baths ⋅ 5018855 MLS
Situated on one of the most desirable streets in Shaker Heights, 2745 Leighton Rd is an exquisite blend of classic architecture and modern luxury living. The 4 bedroom 3 full and 2 half bathroom home has been beautifully renovated yet has kept all of the amazing detail that makes the home truly one of a kind. Just off of the welcoming foyer lies a formal living room with a fireplace, and a formal dining room with exquisite wood detail throughout. The 1st floor boasts a sun room with walls of windows and another fireplace mantle. The true heart of the home is a beautifully appointed chef's kitchen with stainless appliances, granite countertops, and tons of storage. The kitchen also features a dinette with a built-in desk. The second level contains three ample-sized bedrooms, two full bathrooms, and a full-size laundry area. The primary suite has a wonderful sitting area that could be used as a home office. The primary suite also has a private rooftop patio overlooking the rear yard. The third floor has a charming bedroom, a full bathroom, and a wonderful finished storage room. The home features a beautifully finished lower level with a 1/2 bathroom and a utility area with a stairway that leads to the driveway. A few of the unique features that make this home so special are a heated front walkway, new central air conditioning, and a breezeway to the 3-car heated garage. Life on Leighton Rd has a wonderful community feel. Leighton has an annual block party dating back over 50 years and is within walking distance of the Shaker Lakes Nature Center, the RTA stop on Shaker Blvd, and Shaker Square. Located less than 10 minutes to University Circle, The Cleveland Clinic, University Hospitals, Severance Hall, Little Italy, and all of the best that Cleveland has to offer. This is an amazing opportunity!

2745 Leighton Road, Shaker Heights

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