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$249,900

Est. payment - /mo

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5 Beds

6 Baths

3,247 SqFt

New

1477 Genesee RD South Euclid, OH 44121

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Lyndsay Maynard

listwithlyndsay@gmail.com +1(740) 359-1913

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,247 sqft

Price per Sqft $76

Subdivision Oak Terrace

MLS Listing ID 5165699

Bedrooms 5

Full Baths 3

Half Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 3,247

Year Built 1923

Annual Tax Amount $6,501

Tax Year 2023

Lot Size 6,499 Sqft

Acres 0.1492

Property Sub-Type Triplex

Stories Three Or More

Story Three Or More

Property Description

Well maintained, thoroughly renovated, fully occupied and cash flowing, turnkey South Euclid triplex. The owner has spared no expense and invested in excess of $80,000 renovating this property, including new modern kitchens in all units with stainless steel appliances, a full modern remodel of the first floor bathroom and minor remodels of the second and third floor bathrooms, refinished original hardwood floors on the first floor and LVP flooring on the second and third floors, new lighting throughout, extensive plumbing updates, newer hot water tanks, repair and repainting of all walls and trim, replacement vinyl windows, interior doors replaced or sanded and painted, glass block basement windows, basement walls painted water barrier paint, and separate laundry hookups plumbed for each unit. First floor unit is 2 bedrooms, 1 bathroom, and rented to a long term tenant for $945/month through August 2026. Second floor unit is 2 bedrooms, 1 bathroom, and rented for $905/month through July 2025. Third floor unit is 1 bedroom, 1 bathroom, and rented to a long term tenant through April 2026. Total rents are $2.690. Each unit is separately metered for gas and electric and tenants pay all their own utilities, including a reimbursement for water and sewer usage. All units have access to the unfinished basement for storage and three separate laundry hookups. There's a 3 car detached garage with one space assigned to each unit. The property is under professional management who can stay in place if the new owner so wishes. This rare suburban triplex is is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. No seller financing, no wholesalers, no assignment clauses; offers with these terms will be ignored. A video tour is available in the video tour section for a upon request via email to the broker.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Appliance Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Detached, Garage

Garage Spaces 3.0

Garage Description 3.0

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District South Euclid-Lyndhurst - 1829

Others

Tax ID 704-01-048

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by C. Timothy Murphy III • CTM Organization LLC • 440-941-3846, tim@tim-murphy.org

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Lyndsay Maynard

Broker Associate, Owner | License ID: SAL.2019000181, WVS200301118

+1(740) 359-1913

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1477 Genesee RD South Euclid, OH 44121

Lyndsay Maynard

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1477 Genesee RD