LOCATION, LOCATION, LOCATION! PROPERTY LOCATED WITHIN WALKING DISTANCE OF CASE WESTERN RESERVE. CURRENTLY USED AS A RENTAL AT 775 PER BEDROOM. MOST OF THE LARGER HOMES IN THE NEIGHBORHOOD DO SERVE AS RENTALS FOR INTERNATIONAL STUDENTS, CASE WESTERN HAS A SEVERE SHORTAGE OF HOUSING SO… Read More THESE STUDENTS DO LIKE TO LIVE OFF CAMPUS IN THEIR OWN RENTAL HOMES. MOST STAY ON FOR THE 4 YEARS WHILE AT CASE AND MANY STAY ON FOR POST GRADUATE. STILL A GOOD OPPORTUNITY TO GET RENTED FOR THE 2025 NEW SCHOOL YEAR IN MID AUGUST. PROPERTY ITSELF IS GORGEOUS WITH BEAUITFUL HARDWOOD FLOORS, THICK CROWN MOLDING, WOOD/BRICK FIREPLACE WITH BEAUTIFUL MANTEL. PROPERTY HAS SIDE ENCLOSED PATIO AND A TIER DECKING. CURRENTLY WIITH 55,800 OF POTENTIAL ANNUAL INCOME AND APPROX 8800 IN EXPENSES YOUR NOI IS 50K OR A CAP RATE OF 9.8% - THAT'S HUGE FOR ANY AREA OF GREATER CLEVELAND LET ALONE PROPERTY WITHIN WALKING DISTANCE OF CASE....THAT'S LIQUID GOLD! CALL US TODAY THIS ONE WON'T LAST! Read Less
Courtesy of CREO Real Estate Group and Mary L Palumbo
Listing Snapshot
Days Online
40
Last Updated
Property Type
SingleFamilyResidence
Beds
7
Full Baths
3
Lot Size
0.27 Acres
Year Built
1910
MLS Number
5119816
30 Days Snapshot Of 44106
$303k
+69%
(avg) sold price
2
-33%
homes sold
109
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished
Building
Built in 1910, Architectural style: Colonial, Construction materials: VinylSiding, Levels: Two, Living area units: SquareFeet, 2
Cooling
CeilingFans, WallWindowUnits
Fireplaces
1 total fireplace
Heating
HotWater, Steam
Lot
0.2661 acres
Parking
Driveway
Roof
Asphalt, Fiberglass
Sewer
PublicSewer
Taxes
Year: 2024
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