2647 Idlewood Road

Estimated Monthly Payment: $1,632/mo 2647 Idlewood Road, Cleveland Heights, OH 44118 MLS# 4181059 Residential Listing Status: Pending
5
3
3,300 sqft
232
8
0
0

REMARKS:

Young professional rental providing an annual 25.6% cash on cash return! Beautiful 3 unit fully occupied young professional rental located in the heart of Cleveland Heights on a highly desirable and easy to rent street located at 2647 Idlewood Road, Cleveland Heights OH 44118! The first and second floor units each have two bedrooms and one bath. The third floor is a rentable suite with one bedroom, fully updated with skylights. All units have updated kitchens and bathrooms. Walkable to the Lee Road commercial district, this house is just minutes from CWRU and the renowned Cleveland hospital systems! Fully point of sale compliant! Turnkey easy and profitable rental! Each units is fully occupied with tenants paying all of their own utilities including gas and electric with water/sewer billed prorate back to each of the tenants. Has room to park 5 cars. Net operating income after tenant reimbursements and expenses is $28,051. Realtor is related/involved with the selling group.

OVERVIEW:

Residential
Triplex
Pending
Cleveland Heights
Fairmount Heights
1926
0.15
3300
Wood Siding
Asphalt,Fiberglass
2
Forced Air, Gas
None
Public
Public Sewer

FEATURES:

Paved Driveway

ROOM INFO:

5
3

SCHOOLS:

Cleveland Hts-Univer

FINANCIAL:

$250,000
$5,900

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Smartland, LLC.

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Greater Cleveland West shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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