2939 E Derbyshire Road, Cleveland Heights, OH 44118
- $450,000
- 10
- BD
- 4
- BA
- 3,700
- SqFt
- List Price
- $450,000
- Status
- ACTIVE
- Days on Market
- 6
- MLS#
- 5244390
- Subtype
- Residential Income
- Year Built
- 1920
- Bedrooms
- 10
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,700
- Acres
- 0.15
- Subdivision
- Chelsea Land Cos Chelsea Road
- Neighborhood
- Chelsea Land Cos Chelsea Road
- MLS Area Major
- Cleveland Heights
Property Description
INVESTORS: 10-bedroom, 4 FULL-bathroom duplex on East Derbyshire between Lamberton and Cottage Grove in Cleveland Heights! Currently, one side is vacant to allow for OWNER-OCCUPANTS, and the other is occupied by medical residents through Spring 2027. Fair Market Rents are $2500 per side (or approximately $60,000 in annual GRI), with CMHA paying up to $2663 for a 5-bedroom unit in 44118. So many improvements have already been made, including: Updated electrical panels, VINYL and glass-block windows, remodeled kitchens, refreshed bathrooms, exterior painting (2023), new roofs on house and garage (2023), CENTRAL AC in both 3rd floors (2023), new carpeting in 2nd and 3rd floor of LEFT side (2026). Each unit has its own, private basement with laundry. There is a 3-car garage + additional parking for up to 3 other cars. Boilers are serviced regularly. Property will transfer POS-compliant.
Additional Information
- Taxes
- $8,159
- Appliances
- Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Heating
- Forced Air
- Air Conditioning
- Central Air, Window Unit(s)
- Stories
- 3
- Levels
- Three Or More
- Roof
- Asphalt, Fiberglass
- Parking Features
- Detached, Garage
- Garage Spaces
- 3
- School District
- Cleveland Hts-Univer - 1810
Listing Courtesy of: Sophie Boehlen, sophie@premierheights.com With Premier Heights Realty LLC
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