Price Reduction
Address
2430 Overlook Road, Cleveland Heights, OH
Price
$ 585,000
Property Attributes
  • MLS#5031217
  • TypeMulti-Family
  • CountyCUYAHOGA
  • CityCleveland Heights
  • NeighborhoodEuclid Heights Allotment
  • Zip44106
  • Style
  • Year Built1917
  • Taxes$ 13760
  • Price$ 585,000
  • Bedrooms9
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4793
  • Lot Size0.442 Acres
Data Source:
MLSNow
Property Description

Rare, beautifully kept, brick TRUE Triplex WITH carriage house! Incredible opportunity for an investor or owner occupant to own FOUR units in the hottest spot on the east side of Cleveland! Perfectly located on Overlook road, this property is nestled right in between Little Italy, Cedar Hill and Coventry Village. Proximity is key as potential owner occupants and tenants alike will love the walkability to universities, bars, restaurants, employment and entertainment. This is the perfect opportunity for an owner occupant or investor to also take advantage of the hot Airbnb / Mid-term rental market in the area! Amongst the four total suites, there are: (2) three bedroom, one bathroom suites in the main house, (1) two bedroom, one bathroom suite on the third floor of the main house, and the carriage house above the garage is (1) one bedroom, one bathroom WITH a lofted space. The units are large and spacious, with hardwood floors and some updates throughout. In addition, recently some mechanicals have been updated, a new boiler installed, all vinyl windows installed, and a roof less than 10 years old. Currently all units are occupied with rents well below market. The property has a two car garage as well as additional parking in the back of the house on the driveway. There is also a coin operated washer and dryer provided for tenants in the basement. *Note: The auditor's website states that the heat type is hot water/steam but the owner states that hot water/steam is only used in the carriage house and the heat type for the main house is forced air furnaces.

Price History
4/17/2024 Listed $597,500
6/11/2024 3% - $585,000

General Features

Sewer PublicSewer
Heating ForcedAir,Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Composition
Garage Spaces 2.0
Construction Materials Brick,WoodSiding
Year Built 1917
Tenant Pays Electricity,Gas
Township Cleveland Heights
Levels ThreeOrMore
Property SubType Quadruplex
Tax Year 2023
County Cuyahoga
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Euclid Heights Allotment
Garage Y/N Yes
Status Active
Directions South of Mayfield Rd
ModificationTimestamp 2024-06-11T17:47:41.397-00:00
City Cleveland Heights
View Y/N No
Senior Community Y/N No
High School District Cleveland Hts-Univer - 1810
Lot Size Units Acres
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 13760.0
Home Warranty Y/N No
Property Condition UpdatedRemodeled
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 55
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Cleveland Hts-Univer - 1810
Elementary School District Cleveland Hts-Univer - 1810
Year Built Source PublicRecords
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
Legal Description 405 EUC HTS &S/L45 WP0044 EP

Interior Features

Basement Unfinished
Total Stories 4
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 4793.0
Full Baths 4
Laundry Features CommonArea,InBasement
Total Bedrooms 9
Electric On Property Y/N No
Above Grade Finished Area Source Assessor
Total Baths 4

Exterior Features

Parking Features SeeRemarks
Water Source Public
Lot Size Area 0.442
Number of Buildings 2
Spa No
Lot Size Acres 0.442
Lot Size Source Assessor
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44106

Price
AVG $370K
$590K
Taxes
AVG $4,932
$13,760
Visits
AVG 217
749
Data Provided by Inside Real Estate®
Year Built
AVG 1910
1917

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