Turnkey investment opportunity in Cleveland Heights! This spacious side-by-side duplex features 3 bedrooms and 1 full bath per unit and is fully occupied, generating a combined $3,293 per month in rental income. Property management is already in place, making this an ideal opportunity for a first time investor looking for a streamlined entry into an income producing property or a seasoned investor ready to expand their portfolio. Situated on a desirable corner lot, the side-by-side layout offers added privacy and the feel of single family living for each tenant. Point Of Sale repairs are currently in progress, with the property to be POS compliant at the time of transfer. With tenants and professional management already in place, this is a great opportunity to acquire a performing asset and begin collecting rental income from day one.
Multi-familyProperty Type
1920Year Built
6,172 sq ftLot Size
$98Price/Sq.Ft.
2 car garageParking
Listed by Amanda Kritzer• McDowell Homes Real Estate Services
Cedar Lee, located between Cedar Road and Lee Road, is a walkable and arts-forward Cleveland Heights neighborhood with a classic cinema marquee and a compact, storefront-lined main drag. The neighborhood’s character concentrates at the Cedar Road and Lee Road intersection, where sidewalk patios, indie shops, and late-night marquees set the tempo. Cedar Lee Theatre anchors the district with repertory screenings, while Dobama Theatre keeps the calendar busy with intimate stage work. Brick apartment buildings and early-20th-century houses frame short blocks that lead toward Cain Park’s green slopes. Coffee counters, bakeries, and small restaurants keep the streets active from morning through evening.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Unfinished basement
Bathrooms
2 full bathrooms
Kitchen
Range, Refrigerator
Laundry & utility
Laundry in basement
Heating & cooling
Forced-air gas heating
Home design
Two stories
Parking
Garage with 2 spaces
Construction
Asphalt shingle roof
Wood siding
Utilities
Public sewer
Public water
Electricity and solar
View estimated energy costs and solar savings for this home
Cleveland Heights is a City primarily consisting of single-family residences, most of which are owner-occupied. Single-family residences are extremely sensitive to adverse effects from other land uses and require high standards for occupancy and use of the principal building as well as location and use of accessory buildings if these areas are to be maintained and to continue to be good places in which to live. In addition, certain parts of Cleveland Heights have been developed primarily with two-family residences having a similar character to the single-family districts, and it is appropriate that there be a zoning district for this distinctive use. Single-family and two- family district regulations are established to achieve the following particular objectives: (a) The AA Single-Family District is established to provide for single-family residential uses with a minimum lot size of 15,000 square feet, compatible with the existing larger lot developments in areas so defined, as a means of preserving the unique character of these areas.;(b) The A Single-Family District is established to provide for single-family residential uses on smaller lots with a minimum of 7500 square feet.; (c) The B Two-Family District is established to permit single-family units on lots with a minimum of 7,500 square feet and two-family residential uses with a minimum lot size of 10000 square feet.; (d) To encourage as a conditional use flexible residential development to promote creative and efficient use of land through unified development.;(e) To regulate the location and lot coverage of accessory uses, buildings and structures so as to permit such uses to be established and maintained in a manner which makes them compatible with the existing residential neighborhoods.; (f) To encourage sustainable development and practices in residential neighborhoods.
Nov 28, 2011 • Final
Migrated
Repair the drain tile system.
Plumbing
Sep 14, 2006 • Final
Migrated
Work on a sidewalk.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland Heights, OH • 44118
Average low and high temperatures (°F)
28
16
36
22
54
34
63
43
66
50
79
63
84
68
79
62
76
56
65
48
50
38
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 12% for direct sun exposure in Cleveland Heights. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3328 Kildare Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $193,000 and $315,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $193K to $315K.