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Pending
  • $225,000

    3770 Mayfield Rd, Cleveland Heights, OH 44121

    7beds
    4,241sqft
    : 
    Triplex, Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $53/sqft
    $-- HOA

    What's special

    This fully rented triplex is currently operating as a 2-family duplex but can easily be converted back to a 3-unit property. It generates a total of $2,780 per month in rental income, with the upper unit bringing in $1,490 and the lower unit at $1,290. The property offers 7 bedrooms, 3 in the lower unit, 3 in the middle unit, and 1 in the top unit providing ample space for tenants. This is a turn-key investment opportunity! Recent improvements include a new garage door (2024), new hot water tank (2023), fresh paint in the second-floor unit (2024), side roof repair (2024), new plumbing in the basement (2023), and a new roof (2021). The property is equipped with two separate meters for gas and electric, and both units have recently passed CMHA inspections. This is a great opportunity for an investor to start earning immediately in a desirable neighborhood. Buyer to assume POS. Act fast this one won't last long!
    136 days
    on Zillow
    |
    38
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2025 at 11:39am

    Listing Provided by:

    Tzipora Sonnenschein tpsonn@gmail.com216-406-9109,

    Berkshire Hathaway HomeServices Professional Realty

    Source: MLS Now,MLS#: 5092761MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    Features
    • Basement: Common Basement,Full
    Interior area
    • Total structure area: 4,241
    • Total interior livable area: 4,241 sqft
    • Finished area above ground: 3,048
    • Finished area below ground: 1,193
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage, Paved
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 4
    Lot
    • Size: 6,991.38 Square Feet
    Details
    • Parcel number: 68308005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Cleveland Heights

    Financial & listing details

    • Price per square foot: $53/sqft
    • Tax assessed value: $96,300
    • Annual tax amount: $3,676
    • Date on market: 1/6/2025
    • Listing terms: Cash,Conventional,1031 Exchange
    • Tenant pays: All Utilities
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