Shaker Heights, OH 44120,3645 Hildana RD
Shaker Heights, OH 44120,3645 Hildana RD
Shaker Heights, OH 44120,3645 Hildana RD
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$144,900
Est. payment /mo
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6 BD
2 BA
2,736 SqFt
Active

3645 Hildana RD Shaker Heights, OH 44120

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UPDATED:

09/30/2024 05:29 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $52

Subdivision Rapid Transit Land Cos Shaker

MLS Listing ID 5054250

Bedrooms 6

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 2,736

Year Built 1925

Annual Tax Amount $4,566

Tax Year 2023

Lot Size 6,403 Sqft

Acres 0.147

Property Description

Discover a very rare investment opportunity with this value-add duplex in sought-after Shaker Heights! This property features one occupied unit rented for $995 per month on an annual lease that expires on October 31st 2024. The first floor hosts a spacious 3-bedroom, 1-bath unit, while the second floor mirrors this layout and includes an additional 1-bedroom, 1-bathroom in the attic. This versatile space can either extend the second-floor unit or serve as a separate third unit. Currently zoned as a two-family property, it requires cosmetic updates, including a new kitchen and bathroom on the first floor due to previous damage. With these updates, pro forma rents are expected to reach at least $1,200 for each 3-bedroom unit and $700 for the third-floor space. If Section 8 tenants are considered, the rental income potential could be even higher. Don?t miss this chance to maximize your returns with strategic improvements in this prime location!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Garage Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Shingle

Parking Type Detached, Garage

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Shaker Heights Csd - 1827

Others

Tax ID 735-24-006

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard


Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687

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Coleena Groch

Agent/Office Manager | License ID: SAL.2016002210,220302318

+1(740) 278-6189

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3645 Hildana RD