16008 Raymond Street, Maple Heights, OH 44137

$108,000
3
BD
2
BA
1,453
SqFt

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Sold Price
$108,000
List Price
$116,500
Status
CLOSED
Days on Market
78
Closing Date
Jan 18, 2024
MLS#
4501229
Subtype
Residential Income
Year Built
1927
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,453
Acres
0.14
Subdivision
Lee Road Allotment/C Freunds
Neighborhood
Lee Road Allotment/C Freunds
MLS Area Major
Maple Heights

Property Description

Cash-flowing duplex in Maple Heights with room to increase rents! This is the perfect property to start, or add to, your portfolio. Fully occupied, it easily generates $18K annually in GRI and easily beats the 1% rule and 10-Cap. All mechanicals were replaced in the last 2 years! Seller is open to delivering property POS-compliant. Photos were taken prior to tenant occupancy. Other properties also available for sale on an individual basis. List is available upon request (seller-financing is not an option).

Additional Information

Taxes
$2,539
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Paved
Garage Spaces
2
School District
Maple Heights CSD - 1818

Listing Courtesy of: Kathryn Schenk, katie@premierheights.com With Keller Williams Greater Metropolitan

Selling Office: Keller Williams Greater Metropolitan.

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