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  • Overview

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Buy a multi-family propertyat 3441 Ashby, Shaker Heights, OH 44120

$114,900

$0/mo

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Residential

2,548 Sq. Ft.

6 Bedrooms

3 Bathrooms

99 Days on market

4418670 MLS ID

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About 3441 Ashby multi-family property

Investors! Now is your chance to own a duplex in the coveted SHAKER HEIGHTS! Currently 50% occupied and will be left that way for the new owner to do as they please (think cosmetic updates to lease it out and/or owner occupancy opportunity if that's your strategy). The downstairs unit is a 2-bed/1-bath with the tenant paying $900/month and a lease that goes until 12/29/2022. The top vacant unit is BIG - it spans TWO full floors with 4 spacious bedrooms, 2 full baths and a very large living and dining room. The projected rent for the top unit is at least $1,400/month with MINOR cosmetic updates. This duplex has a very solid roof, newer mechanicals and beautiful hardwood floors throughout. Located minutes from the Van Aken District, University Hospital, USPS and everything in-between, this is a highly sought after area that anyone would love!
Investors! Now is your chance to own a duplex in the coveted SHAKER HEIGHTS! Currently 50% occupied and will be left that way for the new owner to do as they please (think cosmetic updates to lease it out and/or owner occupancy opportunity if that's your strategy). The downstairs unit is a 2-bed/1-bath with the tenant paying $900/month and a lease that goes until 12/29/2022. The top vacant unit is BIG - it spans TWO full floors with 4 spacious bedrooms, 2 full baths and a very large living and dining room. The projected rent for the top unit is at least $1,400/month with MINOR cosmetic updates. This duplex has a very solid roof, newer mechanicals and beautiful hardwood floors throughout. Located minutes from the Van Aken District, University Hospital, USPS and everything in-between, this is a highly sought after area that anyone would love!

Property details

House

Stories: 3

Expenses

Operating Expense: $5,856

Income

Gross Income: 16800

Net Operating Income: 10944

Listing

Property Subtype: Duplex

Location

County: Cuyahoga

Subdivision: Van Sweringen Company's

Lot

Area: 0.15

Schools

Elementary School District: Shaker Heights CSD

Middle School District: Shaker Heights CSD

High School District: Shaker Heights CSD

Monthly cost

Estimated monthly cost

$585/mo

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

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Sale and tax history

Sales history

Date

Dec. 28, 2004

Price

-

Date

Apr. 18, 1991

Price

$49,000

DatePrice
Dec. 28, 2004-
Apr. 18, 1991$49,000

Schools

This home is within the Shaker Heights City School District.

Shaker Heights & Cleveland & Garfield Heights enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$108,006

+$3,447

$111,453

Seller agent commission$3,447 (3%)*

$0 (0%)

Buyer agent commission$3,447 (3%)*

$3,447 (3%)*

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

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Unreal Estate checked: Feb. 1, 2023 at 9:50 a.m.

Data updated: Nov. 1, 2022 at 8:59 p.m.

Listing modified: Nov. 1, 2022 at 6:35 p.m.

Courtesy of Russell Real Estate Services and Tal Tamir
Listings last updated 11/01/2022. 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 © 2023 Yes-MLS, Inc. All rights reserved.

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