3559 Latimore Road, Shaker Heights, OH 44122

bedrooms 5
bathrooms 3
|Townhouse
THB ฿10,994,700
USD $319,000
Published on: 07 Nov 2024
Last updated on: 20 Nov 2024
3559 Latimore Road, Shaker Heights, OH 44122
3559 Latimore Road, Shaker Heights, OH 44122
3559 Latimore Road, Shaker Heights, OH 44122
+33
3559 Latimore Road, Shaker Heights, OH 44122
  • 33
Property ID: 110095581131
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Triplex - Shaker Heights, OH

3559 Latimore Road, Shaker Heights, OH 44122
Rare opportunity to own a 3 unit income property perfectly located just minutes away from the Van Aken District and some of the east side's best employment an entertainment! Perfect house-hack for an owner occupant to live in one unit and have tenants pay the majority of their mortgage! Or all three units can be leased and should easily bring in #3,300 per month as is! Further updating can be done to fetch premium rents as updated 2 bed units in the neighborhood go for $1,400-$1,600! New development is happening just down the road and this property is poised to be a fantastic long term investment for the savvy investor or owner occupant. There have been a number of updates from current ownership including quartz countertops in the lower unit, refinished hardwoods, vinyl plank flooring, new bathroom vanities and light fixtures, full exterior paint job, new AC unit, new HWT, new washer and dryer, and much more! The basement is clean and dry and recently purchased a new washer and dryer. The top floor apartment is currently leased to a month to month tenant at $500 per month. As is, this can be raised to $700. There are 3 garage spots currently not being charged for but could be to produce additional income. Roof has significant life left on it and solid mechanicals! At full price, seller is offering $4,000 towards buyer's closing costs as well as a home warranty. PROPERTY WILL BE POS COMPLIANT.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
585.18 m2
Year Built
1928
Rooms
5 bedroom(s), 3 bathroom(s)
Architecture Style
Other
County
Cuyahoga
Parcel ID
736-20-101
Provider
MLS Now
Subdivision
Vansweringen
Brokerage Office Name
Key Realty, LTD
Brokerage Office Phone
(330) 539-2790
Address
3559 Latimore Road, Shaker Heights, OH 44122

Tax History

YearTax amount
2023USD $7990.58THB ฿275,404*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Michael Orlando
Key Realty
26300 Cedar Road, Suite 1105, Beachwood, OH 44122
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Michael Orlando
26300 Cedar Road, Suite 1105, Beachwood, OH 44122
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      Property ID: 110095581131

      Data provided by MLS Now, MLS #: 5082938
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