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Sold for $129,000 on 11/08/23
  • $129,000

    3593 Kimmel Rd, Cleveland, OH 44105

    6beds
    2,552sqft
    Duplex, Multi Family
    Built in 1910
    -- sqft lot
    $140,600 Zestimate®
    $51/sqft
    $1,030 Estimated rent

    Home value

    $140,600

    $114,000 - $167,000

    $1,030/mo

    Zestimate® history
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    $752/mo

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    What's special

    Welcome to this charming duplex with investment potential, featuring two spacious units, each boasting 3 bedrooms and 1 bathroom. The advantage of individual basements with laundry connections in each unit offers added convenience and privacy. The property comes with a newer roof, less than 10 years old, ensuring peace of mind for the years to come. Currently occupied by long-term tenants of 20 years, this investment opportunity allows for immediate rental income. The existing rents, currently set at $1,285, which presents a significant upside potential as they are below the current market rates. This duplex is situated in a prime location, promising a strong rental demand and potential for increased rental revenue. Don’t miss the chance to add value to this already promising investment. Key Features: • 3 bedrooms, 1 bathroom per unit • Private basements with laundry connections • Newer roof (less than 10 years old) • Long-term tenants in place • Current rents below market value, providing an opportunity for increased cash flow!

    Zillow last checked: 8 hours ago

    Listing updated: November 08, 2023 at 09:18am

    Listing Provided by:

    Laura A Scott laura@ScottGroupOhio.com(216)905-5644,

    HomeSmart Real Estate Momentum LLC,

    Qyana Kendricks 216-659-2110,

    HomeSmart Real Estate Momentum LLC

    Bought with:

    Robert J Cole Sr., 2016001279

    RE/MAX Above & Beyond

    Source: MLS Now,MLS#: 4494516MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 2,552
    • Total interior livable area: 2,552 sqft
    • Finished area above ground: 2,552

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,639 sqft
    Details
    • Parcel number: 13131034

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Schmitt

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/9/2023Listing removed$130,000$51/sqft
    Source: HomeSmart #4494516
    11/9/2023Pending sale$130,000+0.8%$51/sqft
    Source: HomeSmart #4494516
    11/8/2023Sold$129,000-0.8%$51/sqft
    Source: MLS Now #4494516
    10/6/2023Contingent$130,000$51/sqft
    Source: MLS Now #4494516
    10/3/2023Listed for sale$130,000+88.4%$51/sqft
    Source: MLS Now #4494516

    Public tax history

    YearProperty taxesTax assessment
    2024$3,019 +107%$45,150 +137.1%
    2023$1,458 +0.6%$19,040
    2022$1,450 +1%$19,040

    Find assessor info on the county website

    Neighborhood: South Broadway

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal - 1809

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $140,600
    2% more+ $2,812
    With Zillow Showcase(estimated)
    $143,412