3983 Elmwood RD new Save Request In-Person Tour Request Virtual Tour
Cleveland Heights,OH 44121
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,620 sqft
Price per Sqft $87
Subdivision Ardmore
MLS Listing ID 5164854
Bedrooms 6
Full Baths 2
Half Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,620
Year Built 1929
Annual Tax Amount $4,873
Tax Year 2024
Lot Size 7,313 Sqft
Acres 0.1679
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
INVESTMENT HIGHLIGHT: UPDATED 3-BED/1.5-BATH DUPLEX IN CLEVELAND HEIGHTS
Welcome to 3983 Elmwood, a truly impressive Tudor-style duplex designed for immediate, high-yield income. Sitting on a desirable corner lot, this side-by-side configuration provides the ideal setup with two completely private front entrances, enhancing tenant satisfaction and curb appeal.
Exceptional Renovations:
Refinished within the last four years, this property requires minimal maintenance. Updates include a new roof and completely refreshed interiors featuring new kitchens with stainless steel appliances. 1.5 bathrooms with clean tile showers.
Tenant & Owner Benefits:
Income: Total current gross rents of $2,900/month ($34,800 annually).
Utilities: Peace of mind with separate meters for ALL utilities (gas, electric, water).
Layout: Both units feature a spacious 3-bedroom, 1.5-bathroom layout.
Parking: Each tenant is allocated one space in the detached garage, plus ample driveway parking.
Amenities: Separate private basements with washer/dryer hookups and a shared large back deck.
Located in a sought-after area of Cleveland Heights, this property is just a quick drive (under 10 minutes) to the dining and entertainment hubs of Cedar-Lee, Coventry Village, and the renowned institutions of University Circle. This is a true turnkey asset ready for a savvy investor.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Window Features Double Pane Windows
Appliance Range,Refrigerator
Laundry In Basement
Exterior
Parking Features Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 682-24-059
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard