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$319,000
21 Days On Site

3559 Latimore Road
Shaker Heights, OH 44122

For Sale|Triplex|Active Under Contract
5
Beds
3
Full Baths
0
Partial Baths

SqFt

/SqFt
1928
Built
Subdivision:
Vansweringen
County:
Cuyahoga

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440.838.1111
3559 Latimore Road3559 Latimore Road3559 Latimore Road3559 Latimore Road
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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.

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Listing Snapshot
Price 
$319,000
Days On Site 
21 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.1446 Acres
Year Built 
1928
MLS® Number 
5082938
Status 
Active Under Contract
Property Tax 
$7,990.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoStatus changed to Active Under Contract
2 days agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.1446
Contingency 
Inspections
Foundation 
Block
Garage 
Yes
Garage Spaces 
3
Home Warranty 
Yes
Parking 
DetachedGarage
Property Sub Type 
Triplex
Sewer 
Public Sewer
Stories 
Three Or More
Water Source 
Public
Interior Features
Basement 
Concrete
Cooling 
Window Unit(s)Central AirWall/Window Unit(s)
Heating 
Forced Air
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Exterior Features
Construction Details 
Brick
Exterior 
Balcony
Roof 
Asphalt
Community Features
School District 
Shaker Heights CSD - 1827
Township 
Shaker Heights
Schools
School District
Shaker Heights CSD - 1827
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Michael Orlando of Key Realty



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2024 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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