Excellent location just minutes away from Pinecrest, Legacy Village, various restaurants, Beachwood Mall, and a mere 20-minute drive from both Cleveland Hopkins Airport and downtown Cleveland! This exceptional investment opportunity presents a 3-4 unit multifamily property nestled on a triple lot. Situated in the heart of the action, this income-generating residence has undergone extensive remodeling, both inside and out. The first floor boasts a two-bedroom apartment featuring a generously-sized family room, a spacious eat-in kitchen, a dining room, a sunroom, and a beautifully remodeled full bathroom. Additionally, the other side of the first floor offers a one-bedroom apartment complete with its own full bathroom, bedroom, and kitchen. Towards the rear of the property lies a studio apartment with a remodeled kitchen and bathroom. A unique feature of the property is a separate staircase leading to a six-bedroom rental suite, designed for individual leasing. These bedrooms share access to a remodeled kitchen and full bathroom, making it ideal for tenants commuting to Thistledown Horse Track, conveniently located just three minutes away. Throughout the years, numerous updates have been implemented, including a new roof, vinyl siding, gutters, vinyl windows, boiler, updated kitchen appliances, remodeled bathrooms and kitchens, refinished hardwood floors, luxury vinyl flooring, carpeting, and seal-coated driveway/parking area. This property presents an exceptional opportunity for investors seeking a prime location with significant income potential.
The median home value in Warrensville Heights, OH is $128,000. This is higher than the county median home value of $123,800. The national median home value is $219,700. The average price of homes sold in Warrensville Heights, OH is $128,000. Approximately 35.89% of Warrensville Heights homes are owned, compared to 51.41% rented, while 12.7% are vacant. Warrensville 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 Warrensville Heights real estate agent to arrange a tour today!
Warrensville Heights, Ohio has a population of 13,278. Warrensville Heights is less family-centric than the surrounding county with 7.46% of the households containing married families with children. The county average for households married with children is 24.44%.
The median household income in Warrensville Heights, Ohio is $35,871. The median household income for the surrounding county is $46,720 compared to the national median of $57,652. The median age of people living in Warrensville Heights is 35.9 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 39.3 inches per year, with 69.6 inches of snow per year.