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Buy a multi-family propertyat 3617 Normandy Road, Shaker Heights, OH 44120

$235,000

$0/mo

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Residential

3,402 Sq. Ft.

5,601 Sq. Ft. lot

5 Bedrooms

3 Bathrooms

420 Days on market

4432082 MLS ID

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About 3617 Normandy Road multi-family property

Investors, if you are looking for a fantastic income property, look no further. With an annual gross income of $30,000, this rental property is a perfect match for all investors. Fully occupied, each unit is well cared for by the tenants and the owners. The Tudor-style house sits atop a small hill, overlooking the street, making it distinguished and charming. A large magnolia tree in front of the house is especially inviting in the spring when the tree is in full bloom. Entering the home through the front door is a shared hallway and staircase. Inside each apartment is roomy and filled with sunlight. The large living rooms feature decorative fireplaces with beautifully sculpted mantles. The dining rooms are very large and lead to the primary bedrooms and a full bath. The kitchens are eat-in and have newer cabinets and good appliances. A staircase leads from the second-floor apartment to the finished attic. The third floor offers approximately 600sf of additional space for the second-floor tenant. The third floor is finished and has a living area, a full bath, and three other rooms, one with a closet. The staircase in the back of the house goes to the back door exit and to the basement, where laundry, tenant storage, and furnace room are located. Outside, the two-car garage is newer than the house and in good condition. The home is situated nicely in a terrific neighborhood just off Chagrin blvd and near shopping at Chagrin and Lee Road.
Investors, if you are looking for a fantastic income property, look no further. With an annual gross income of $30,000, this rental property is a perfect match for all investors. Fully occupied, each unit is well cared for by the tenants and the owners. The Tudor-style house sits atop a small hill, overlooking the street, making it distinguished and charming. A large magnolia tree in front of the house is especially inviting in the spring when the tree is in full bloom. Entering the home through the front door is a shared hallway and staircase. Inside each apartment is roomy and filled with sunlight. The large living rooms feature decorative fireplaces with beautifully sculpted mantles. The dining rooms are very large and lead to the primary bedrooms and a full bath. The kitchens are eat-in and have newer cabinets and good appliances. A staircase leads from the second-floor apartment to the finished attic. The third floor offers approximately 600sf of additional space for the second-floor tenant. The third floor is finished and has a living area, a full bath, and three other rooms, one with a closet. The staircase in the back of the house goes to the back door exit and to the basement, where laundry, tenant storage, and furnace room are located. Outside, the two-car garage is newer than the house and in good condition. The home is situated nicely in a terrific neighborhood just off Chagrin blvd and near shopping at Chagrin and Lee Road.

Property details

Appliances and Equipment

Dryer

Range

Refrigerator

Washer

Basement

Common Basement

Full

Unfinished

Bathrooms

3 full bathrooms

3 total bathrooms

Bedrooms

5 total bedrooms

House

2 total stories

Built in 1925

3,402 sqft living area

2,268 finished sqft above grade

1,134 finished sqft below grade

3402 total building sqft

Stucco

Wood Siding

Community

2 units in community

Cooling

No cooling

Exterior Features

Paved Driveway

Garage

2 garage spaces

Heating

Forced Air

Gas

Income

Gross Income: 2500

Laundry

Common Area

Listing

Property Subtype: Duplex

22 days on market

Listed on 2023-01-16

Location

County: Cuyahoga

Subdivision: Eastview

Lot

0.1286 acres

Area: 0.1286

Parking

Detached

Garage

Possession

Delivery Of Deed

Property

Single building

2 units

Roof

Asphalt

Fiberglass

Schools

Elementary School District: Shaker Heights CSD

Middle School District: Shaker Heights CSD

High School District: Shaker Heights CSD

Sewer

Public Sewer

Tenant Pays

Cable TV

Electricity

Gas

Heat

Monthly cost

Estimated monthly cost

$1,654/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$220,900

+$7,050

$227,950

Seller agent commission$7,050 (3%)*

$0 (0%)

Buyer agent commission$7,050 (3%)*

$7,050 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $7,050 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:48 p.m.

Data updated: Mar 16, 2023 at 8:59 p.m.

Courtesy of Keller Williams Greater Metropolitan and Scott Carpenter
Listings last updated 03/16/2023. Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
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 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker(s). Information is deemed reliable but not guaranteed.
Listing Information © 2024 Yes-MLS, Inc. All rights reserved.

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