$108,000
$116,500
7.3%For more information regarding the value of a property, please contact us for a free consultation.
16008 Raymond ST Maple Heights, OH 44137
3 Beds
2 Baths
1,453 SqFt
Key Details
Sold Price $108,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,453 sqft
Price per Sqft $74
Subdivision Lee Road Allotment/C Freunds
MLS Listing ID 4501229
Sold Date 01/18/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,453
Year Built 1927
Annual Tax Amount $2,539
Lot Size 6,250 Sqft
Acres 0.1435
Property Sub-Type Duplex
Property Description
Cash-flowing duplex in Maple Heights with room to increase rents! This is the perfect property to start, or add to, your portfolio. Fully occupied, it easily generates $18K annually in GRI and easily beats the 1% rule and 10-Cap. All mechanicals were replaced in the last 2 years! Seller is open to delivering property POS-compliant. Photos were taken prior to tenant occupancy. Other properties also available for sale on an individual basis. List is available upon request (seller-financing is not an option).
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry None
Exterior
Parking Features Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Maple Heights Csd - 1818
Others
Tax ID 781-06-036
Financing Conventional
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Bought with Grace Pritchard • Keller Williams Greater Metropolitan
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