3372 Sutton RD

Shaker Heights,OH 44120

$ 295000

7 Beds

3 Baths

2596 SqFt


Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,596 sqft

Price per Sqft $113

Subdivision Van Sweringen Companys Sub #1

MLS Listing ID 5086113

Bedrooms 7

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,596

Total Fin. Sqft 2596

Year Built 1924

Annual Tax Amount $3,135

Tax Year 2023

Contingent Appraisal,Inspections

Lot Size 6,198 Sqft

Acres 0.1423

Property Description

Investment Opportunity or Chance to House Hack and Live For Free! Charming 3-Unit Building with Steady Income! Welcome to an exceptional investment opportunity in the heart of a vibrant community! This well-maintained three-unit building boasts a strong rental income of $3,220 per month, making it an ideal addition to any investor's portfolio. Step inside to discover beautifully maintained hardwood floors and a cozy fireplace that adds character and warmth to the living spaces. Recent updates completed in 2023 include fresh interior painting, upgraded electrical on 3rd floor, buffed flooring, stylish light fixtures, and the replacement of select windows, ensuring a modern and inviting atmosphere for tenants. The property features a newly paved asphalt driveway, enhancing curb appeal and providing ample parking for residents. Additionally, one of the hot water tanks were replaced in 2022, offering tenants reliability and peace of mind. With its prime location and thoughtful updates, this property not only promises consistent cash flow but also the potential for appreciation in value. Don't miss your chance to invest in this turnkey property that combines comfort, style, and income! This great location is within a mile of Shaker Square, Shaker Hts HS, the library, a Heinen's, Wholefoods, Target, and Aldi's, Canterbury Golf Club, Shaker Heights Thornton Park, Horseshoe Lake Park, and Nature Center At Shaker Lakes. Also nearby is John Carroll University and Case Western Reserve University! All 3 units are currently rented with wonderful, paying tenants who've been there over a year. One unit can be delivered vacant if requested by the buyer in case they would like to live in one unit and keep the others rented. This provides a unique opportunity to live for free and even collect some income! There is also a property management company in place that can be transitioned to the new buyer if they'd like. Lowest taxes in Shaker Hts Neighborhood!

Location

State OH

County Cuyahoga

Direction East

Rooms

Basement Concrete,Unfinished

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air,Gas

Cooling Ceiling Fan(s)

Fireplace No

Appliance Range,Refrigerator

Laundry In Basement,Lower Level

Exterior

Exterior Feature Private Yard

Parking Features Asphalt,Driveway,Detached,Garage Faces Front,Garage,On Street

Garage Spaces 2.0

Garage Description 2.0

Fence None

Pool None

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage true

Private Pool No

Building

Lot Description Front Yard,Paved

Faces East

Story 3

Entry Level Three Or More

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Shaker Heights Csd - 1827

Others

Tax ID 735-13-007

Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan

Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan

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