Investors... Location, Location, Location!! Cash-flowing 3-Family on Colchester in just minutes from the Clinic's and University Hospitals' main campuses, as well as Case Western Reserve University. 1st floor features 2 beds, 1 bath + 1 sunroom. The 1st floor tenants are moving out at the end of July. This unit has just been rented for 2 years starting on August 1: rent the first year = $1700 and rent the second year = $1785. 2nd floor features 2 beds, 1 bath, and 2 sunrooms. The 3rd floor with great skylights is bright and cheery. All units have remodeled kitchens and bathrooms, CENTRAL AC and in-unit washers and dryers, making them VERY desirable. 2022 Updates/Improvements = electrical, plumbing, HVAC, HWT, kitchens. Currently, the property generates over $52K in GRI. Property will be delivered POS-compliant. Seller is also selling 2189 Rexwood (Cleveland Heights) and 1504 East 107 (Case student housing). Interior videos are available upon request.
Sold for $460,000
$460,000
2634 Colchester Rd, Cleveland Heights, OH 44106
5beds
3,049sqft
Triplex, Multi Family
Built in 1917
-- sqft lot
$308,900 Zestimate®
$151/sqft
$1,998 Estimated rent
Home value
$308,900
$263,000 - $352,000
$1,998/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 17, 2024 at 01:26pm
Listing Provided by:
Sophie Boehlen 216-860-0005sophie@premierheights.com,
Premier Heights Realty LLC
Bought with:
Mandria Aceto, 2003007374
Realuxe Ohio
Source: MLS Now,MLS#: 5051690
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,049
- Total interior livable area: 3,049 sqft
- Finished area above ground: 3,049
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 8,912 sqft
Details
- Parcel number: 68533047
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Cleveland Heights
- Subdivision: Fairmount Coventry
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2024 | Sold | $460,000-3.2%$151/sqft |
Source:  MLS Now #5051690 Report a problem | ||
| 8/29/2024 | Pending sale | $475,000$156/sqft |
Source: MLS Now #5051690 Report a problem | ||
| 7/22/2024 | Contingent | $475,000$156/sqft |
Source: MLS Now #5051690 Report a problem | ||
| 7/5/2024 | Listed for sale | $475,000+578.6%$156/sqft |
Source: MLS Now #5051690 Report a problem | ||
| 1/24/2020 | Sold | $70,000$23/sqft |
Source: MLS Now #4107023 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,188 +124.8% | $72,630 +187.8% |
| 2023 | $2,752 +0.5% | $25,240 |
| 2022 | $2,739 +2% | $25,240 |
Find assessor info on the county website
Neighborhood: 44106
Nearby schools
GreatSchools rating
- 5/10Roxboro Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Roxboro Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Cleveland Heights High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: Cleveland Hts-Univer - 1810
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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