Rare opportunity to own a 3 unit income property perfectly located just minutes away from the Van Aken District and some of the east side's best employment an entertainment! Perfect house-hack for an owner occupant to live in one unit and have tenants pay the majority of their mortgage! Or all three units can be leased and should easily bring in #3,300 per month as is! Further updating can be done to fetch premium rents as updated 2 bed units in the neighborhood go for $1,400-$1,600! New development is happening just down the road and this property is poised to be a fantastic long term investment for the savvy investor or owner occupant. There have been a number of updates from current ownership including quartz countertops in the lower unit, refinished hardwoods, vinyl plank flooring, new bathroom vanities and light fixtures, full exterior paint job, new AC unit, new HWT, new washer and dryer, and much more! The basement is clean and dry and recently purchased a new washer and dryer. The top floor apartment is currently leased to a month to month tenant at $500 per month. As is, this can be raised to $700. There are 3 garage spots currently not being charged for but could be to produce additional income. Roof has significant life left on it and solid mechanicals! At full price, seller is offering $4,000 towards buyer's closing costs as well as a home warranty. PROPERTY WILL BE POS COMPLIANT.
Tons of space in this brick side by side duplex in the heart of Shaker Heights. Each unit has 3 beds and 1 bath, livingroom with fireplace, dining room and kitchen.
One of a kind brick Double on the best block of Winslow! Each unit has 3-4 bedrooms and 2 full baths. Both units have updated kitchens and baths. Upper unit is rented. Lower unit is being offered vacant to allow for owner occupancy if buyer so chooses. Unique corner property with two separate driveways and two separate 2 car garages. Central Air. Eat in kitchens. Finished basement rec room with bathroom and wetbar. Walk to the rapid and The Van Aken District! Perfect opportunity for owner occupant or high end investment. Seller will complete any City violations. Property will transfer violation free.
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!
Located in a desirable neighborhood, this duplex is perfect for families or anyone looking for a comfortable and stylish living space. Don't miss out on this incredible opportunity! 3 spacious bedrooms, 2 baths, and a rare 3-car garage! Top floor unit has a third floor for an extra bedroom/office. This property boasts hardwood floors throughout and offers a warm and inviting atmosphere. ?? **Contact us today to schedule a viewing!**
Completely rehabbed from top to bottom.
This large, multi-family home is a solid way to build your rental portfolio! In need of some TLC, this home has so much potential! With over 2,100 sqft of total living space, this home consists of 2 units - 1 upstairs and 1 downstairs. Both units offer 2 bedrooms, 1 full bathroom and a shared basement! The downstairs unit has a large covered front porch, and the upstairs unit has a large covered front balcony! There is a detached 2-car garage and paved driveway for additional parking! With easy highway access, this is near food, shopping and public transit. Great opportunity with this multi-family home! Schedule a showing to see it for yourself!
Discover a very rare investment opportunity with this value-add duplex in sought-after Shaker Heights! This property features one occupied unit rented for $995 per month on an annual lease that expires on October 31st 2024. The first floor hosts a spacious 3-bedroom, 1-bath unit, while the second floor mirrors this layout and includes an additional 1-bedroom, 1-bathroom in the attic. This versatile space can either extend the second-floor unit or serve as a separate third unit. Currently zoned as a two-family property, it requires cosmetic updates, including a new kitchen and bathroom on the first floor due to previous damage. With these updates, pro forma rents are expected to reach at least $1,200 for each 3-bedroom unit and $700 for the third-floor space. If Section 8 tenants are considered, the rental income potential could be even higher. Don’t miss this chance to maximize your returns with strategic improvements in this prime location!
The median home value in Shaker Heights, OH is $325,000. This is higher than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Shaker Heights, OH is $325,000. Approximately 55.21% of Shaker Heights homes are owned, compared to 35.4% rented, while 9.38% are vacant. Shaker Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shaker Heights real estate agent to arrange a tour today!
Shaker Heights, Ohio has a population of 29,197. Shaker Heights is more family-centric than the surrounding county with 34.6% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Shaker Heights, Ohio is $92,463. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Shaker Heights is 40.3 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 20.1 degrees. The average rainfall is approximately 41.8 inches per year, with 74.6 inches of snow per year.