1510-1512 Oakmount Rd, South Euclid, OH 44121

5 beds5 baths2,605 sqft

Pending
$254,900
Zestimate®: $222,953
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My Notes

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Welcome to your income-generating Duplex opportunity just footsteps from Mayfield Country Club! Corner lot allows for each unit to have entrance from separate street. This stunner was designed thoughtfully so that each unit has ultimate privacy from the other. Choose to live in either unit and feel like you are living in a single family home while generating income on the other! Local universities and hospitals provide constant source of tenants. Unit 1: 2 bedroom, 2 bathroom, 1525 sq. ft. of living space surrounded by immaculately maintained lawn and garden. 2013 renovation included the finishing of the lower level with the addition of a full bathroom & laundry room. Also included was a kitchen & master bathroom update as well as enhancements to the bedrooms & living room. Separate detached 1 car garage. Unit 2: 3 bedroom, 2.5 bathroom, 2025 sq. ft. of living space also surrounded by immaculately maintained lawn and garden with bonus of its own private pool! 2013 renovation included the addition of a 2nd floor bedroom, LL laundry room, family room stone fireplace, and fencing to enclose the private courtyard. Unit is highlighted by grand family with vaulted ceiling, stone fireplace & french doors that open to the courtyard. Elegant living room, formal dining room, first floor master, partially finished LL, the list goes on! Attached 2 car garage. Don't miss out on this RARE opportunity. 

What I love about the home

This is a positively geared property. There are no other homes like this in South Euclid or surrounding suburbs. Rent out one side and live in the other, using the rental income to cover your mortgage! This home is also perfect for an investor looking for a great return on investment with low risk.
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Facts

  • Lot: 0.42 acres
  • Multi Family
  • Built in 1953
  • 69 days on Zillow
  • Views: 898 all time views
  • 13 shoppers saved this home
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jan 2013 for $175,000
  • Last sale price/sqft: $67
  • MLS #: 3723788

Features

  • Attic
  • Barbecue
  • Cable Ready
  • Fenced Yard
  • Finished basement, 925 sqft
  • Fireplace
  • Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl, Tile
  • Lawn
  • Parking: Garage - Attached, Garage - Detached, 3 spaces, 400 sqft
  • Patio
  • Pool
  • Security System
  • Skylight
  • Storage
  • Vaulted Ceiling
  • View: Water
  • Wired

Additional Features

  • Driveway: Paved
  • Property Subtype: Two
  • Water Sewer: Public Sewer
  • Water Sewer: Public Water
  • Appliances Equipment: Smoke Detector
  • View Description: Wooded
  • Amenities: Mall
  • Available Financing: Cash
  • Available Financing: Conventional
  • Available Financing: VA
  • House Faces: East
  • Fences: Partial
  • Last Change Type: Contingent
  • Unit Garage
  • Living Area Source: Owner
  • Association: NORMMLS
  • Geocode Source: Bing
  • Contingent Type: Appraisal
  • Contingent Type: Inspections

Appliances Included

  • Dishwasher
  • Dryer
  • Garbage disposal
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room
  • Family room
  • Laundry room
  • Office
  • Recreation room
  • Walk-in closet

Construction

  • Exterior material: Brick
  • Roof type: Asphalt
  • Room count: 18
  • Stories: 2
  • Structure type: Colonial
  • Unit count: 2

Other

  • Floor size: 2,605 sqft
  • Heating: Gas
  • Last remodel year: 2013
  • Laundry: In Unit
  • Lot depth: 194 ft
  • Lot width: 95 ft
  • Parcel #: 70308064
  • Zillow Home ID: 33668351

Zestimate Details

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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$222,953
-$4,592 Last 30 days
$178K
$270K
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$1,200/mo
-$65 Last 30 days
$1K
$1.7K
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Owner estimate:
Posted on 01/27/2015
$270,000
This value has been calculated using the income approach. Actual rental income and expenses were used in the valuation of this property. The home was renovated in 2013 adding an extra bedroom and bathroom, finished basements, laundry rooms, fencing, etc.

Comparable Homes

Homes like this sold for $121-320K.

$100K
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Popularity on Zillow

Trending! This home is one of the top 10% most visited in the neighborhood this week.

591 views since listing
898 all-time (chart)
13 shoppers saved
this home to their list of favorites

Mortgages

Neighborhood: 44121

Zillow predicts 44121 home values will rise 2.1% next year, compared to a 1.8% rise for South Euclid as a whole. Among 44121 homes, this home is 215.9% more expensive than the midpoint (median) home, and is priced 73.2% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 44121, the number of foreclosures waiting to be sold is 19.1% greater than in South Euclid, and 173.3% higher than the national average. This higher local number may prevent 44121 home values from rising as quickly as other regions in South Euclid.
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Nearby

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    Nearby Schools in South Euclid

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org