This large, multi-family home in Shaker Heights is a solid opportunity whether you are looking to build your rental portfolio or thinking of residing in one of the two units, this home has so much to offer! With over 2,500 sqft of total living space, this property consists of 2 units! Both units feature 3 bedrooms and 1 full bathroom! Both units are currently occupied. The DN unit is currently renting for $1,048 per month on a 12-month lease that expires 5/31/25. The UP unit is currently renting for $1,075 per month on a month-to-month lease. There is shared laundry in the basement and a detached 2-car garage and paved driveway for off-street parking. Will be POS compliant at closing. With easy highway access, this is near food, shopping and public transit. This won't last long! Don't miss out on this solid opportunity! Reach out to learn more!
Discover timeless elegance in this beautiful Shaker Heights home. POS Compliant! Featuring stunning hardwood floors throughout, this residence boasts remodeled kitchens and bathrooms, marrying classic charm with modern convenience. The property offers a warm and inviting atmosphere, perfect for creating lasting memories. Located in a sought-after neighborhood, this home is a true gem waiting for you to make it your own. Fresh carpeting and modern color scheme make for an attractive interior. 2nd floor unit is very spacious and includes a bonus 3rd floor area for even large families. Do not miss this wonderful property, priced to sell quickly!
Opportunity knocks!! This is a fantastic investment to add to your portfolio! Very large double, fully occupied, on month to month for both units. First floor unit with en-suite laundry and huge bedroom that could be converted into two bedrooms if three bedrooms are needed. 2nd floor unit does need some updating but currently occupied at lower than market rate. Increase your rents by finishing the full 3rd floor. So much potential here. We estimate the added value on this property at its current list price to be over $100,000!! Do not hesitate to take advantage of this opportunity. Both tenants would like to stay and will sign a new lease depending on terms.
Exceptional investment opportunity in the highly sought-after Shaker Heights area! This well-maintained duplex offers immediate income potential with tenants already in place. Each unit features spacious layouts and modern conveniences, making it an attractive option for renters. Located in a vibrant neighborhood known for its tree-lined streets and proximity to schools, parks, shopping, and public transit, this property is a perfect addition to any investor’s portfolio. Don’t miss your chance to own a piece of Shaker Heights’ charm with steady rental income! Lots of updates have been completed including HVAC systems and garage roofs.
Step into this fabulously renovated side by side multifamily in the wonderful Fernway neighborhood. The front property has a main Entry to both units. The 18203 Van Aken Blvd side has a Great Room, Kitchen and Family Room off the Kitchen area with a Half Lav and side door entry. Three bedrooms and two full Baths off the Hallway on the Second Floor. The Lower Level is unfinished, waterproofed with a newer furnace, hot water tank, electrical panel also a washer and dryer. On the 3393 Ingleside Road side, the 1st floor Family Room is off the Great Room with a side door to yard area. There is a door in the Kitchen off the driveway and a Half Lav. The Second Floor also has three Bedrooms, Two full Bathrooms off the Hallway. Both 2nd floors have hard wood floors. The Lower Level is unfinished, waterproofed with the newer furnace, hot water tank, electrical panel also a washer and dryer. There is also a 3-car garage. The current owners replaced all the windows, siding, installed the driveway, gutted the bathrooms, LTV flooring throughout the 1st floors, replaced all the lighting fixtures, painted, installed Kitchen cabinetry, countertops, appliances and the list goes on...it could be perfect for a multi-family home, live on one side and rent the other to cover your mortgage! Or a turnkey rental ready for tenants!
Investment Opportunity or Chance to House Hack and Live For Free! Charming 3-Unit Building with Steady Income! Welcome to an exceptional investment opportunity in the heart of a vibrant community! This well-maintained three-unit building boasts a strong rental income of $3,220 per month, making it an ideal addition to any investor's portfolio. Step inside to discover beautifully maintained hardwood floors and a cozy fireplace that adds character and warmth to the living spaces. Recent updates completed in 2023 include fresh interior painting, upgraded electrical on 3rd floor, buffed flooring, stylish light fixtures, and the replacement of select windows, ensuring a modern and inviting atmosphere for tenants. The property features a newly paved asphalt driveway, enhancing curb appeal and providing ample parking for residents. Additionally, one of the hot water tanks were replaced in 2022, offering tenants reliability and peace of mind. With its prime location and thoughtful updates, this property not only promises consistent cash flow but also the potential for appreciation in value. Don't miss your chance to invest in this turnkey property that combines comfort, style, and income! This great location is within a mile of Shaker Square, Shaker Hts HS, the library, a Heinen's, Wholefoods, Target, and Aldi's, Canterbury Golf Club, Shaker Heights Thornton Park, Horseshoe Lake Park, and Nature Center At Shaker Lakes. Also nearby is John Carroll University and Case Western Reserve University! All 3 units are currently rented with wonderful, paying tenants who've been there over a year. One unit can be delivered vacant if requested by the buyer in case they would like to live in one unit and keep the others rented. This provides a unique opportunity to live for free and even collect some income! There is also a property management company in place that can be transitioned to the new buyer if they'd like. Lowest taxes in Shaker Hts Neighborhood!
This charming two-family, three-bedroom home is located in a desirable, family-friendly neighborhood, perfect for multi-generational living or rental income. Each unit offers a Florida room on each floor, spacious living and dining area, a modern kitchen, and three generously sized bedrooms. The partially finished basement provides a great space for entertaining, and washer/dryer hookups add convenience. Property has 2 Nice size Full Baths plus 1/2 bath in basement The home is ideally situated near top-rated schools, parks, shopping, dining, and public transportation, offering both comfort and easy access to everything you need. Buyer to assume city point of sale
Classic Shaker tudor in convenient location near shopping and transportation. Excellent income from this two family home. Beautiful hardwood floors throughout. Near grocery stores, shopping and restaurants, public transportation, freeways, and the public library. Seller will complete any city violations. Property will transfer violation free. Professional property management available if buyer requires such.
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.
Located in a desirable neighborhood, this duplex is perfect for families or anyone looking for a comfortable and stylish living space. Don't miss out on this incredible opportunity! 3 spacious bedrooms, 2 baths, and a rare 3-car garage! Top floor unit has a third floor for an extra bedroom/office. This property boasts hardwood floors throughout and offers a warm and inviting atmosphere. ?? **Contact us today to schedule a viewing!**
This large, multi-family home is a solid way to build your rental portfolio! In need of some TLC, this home has so much potential! With over 2,100 sqft of total living space, this home consists of 2 units - 1 upstairs and 1 downstairs. Both units offer 2 bedrooms, 1 full bathroom and a shared basement! The downstairs unit has a large covered front porch, and the upstairs unit has a large covered front balcony! There is a detached 2-car garage and paved driveway for additional parking! With easy highway access, this is near food, shopping and public transit. Great opportunity with this multi-family home! Schedule a showing to see it for yourself!
Shaker Heights is located in Ohio. Shaker Heights, Ohio has a population of 29,197. Shaker Heights is more family-centric than the surrounding county with 34.6% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Shaker Heights, Ohio is $92,463. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Shaker Heights is 40.3 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 20.1 degrees. The average rainfall is approximately 41.8 inches per year, with 74.6 inches of snow per year.
