Duplex property... Investors! Two unit house is a cash flowing machine! Gross rent of $1,900/month or $22,800/year, for a 23% ROI, Brand new Furnaces and Hot water tanks. Minor repairs needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 23% ROI
Property Details
Property Features
Property Information:
Year Built: 1919
Stories: 2
Living Area: 2,032 SqFt
Listing Office:
Office Name: USRealty.com LLP
Office Email: info@usrealty.com
Listing Agent: Marie Bowe
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: Woodworth Ave to Coit Road.
Price Information
Listing Price Info
Price Summary:
List Price: $99,000
Price Per SqFt: $49/SqFt
Tax Information:
Annual Amount: $1,020
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $65.2K less than the Median Sold Price and $51/SqFt less than other homes in Cleveland, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #5044341
Listing Office:
Office Name: USRealty.com LLP
Office Email: info@usrealty.com
Listing Agent: Marie Bowe
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/16/2024, 3:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,020
$11,550
2019
$944
$11,550
2018
$4,265
$11,550
2017
$1,595
$18,870
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$562
Per Month
Principal & Interest
$495
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$363
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Mayfair Elementary School
13916 Mayfair Ave
Distance between this listing and this school0.90 miles
Public District Grades 3-5
4
/10
Oxford Elementary School
939 Quilliams Rd
Distance between this listing and this school1.99 miles
Public District Grades KG-5
5
/10
Boulevard Elementary School
1749 Lee Rd
Distance between this listing and this school2.46 miles
Public District Grades KG-5
Nearby Schools
5
/10
Kenneth W. Clement Boys' Leadership
14311 Woodworth Rd
Distance between this listing and this school0.11 miles
Public District Grades PK-8
3
/10
Lake Erie College Preparatory School
14405 Saint Clair Ave
Distance between this listing and this school0.40 miles
Public Charter Grades KG-8
4
/10
East Clark School
885 E 146th St
Distance between this listing and this school0.64 miles
Public District Grades PK-8
Nearby Schools
2
/10
Collinwood High School
15210 Saint Clair Ave
Distance between this listing and this school0.55 miles
Public District Grades 9-12
2
/10
Shaw High School
15320 Euclid Ave
Distance between this listing and this school0.73 miles
Public District Grades 9-12
3
/10
Ginn Academy
655 E 162nd St
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $24,598. The most common annual income of people living in Cleveland, OH is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 14720 Coit Rd in Cleveland, OH and zip code 44110 in the Glenhaven Heights neighborhood. This 2,032 square foot home, which was built in 1919, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $99,000.
Over 275 listings were sold over their listed price in October 2024 in Cleveland, OH. In the same period over 333 listings were sold below the listed price and 110 listings were sold for the listed price. Between September 2024 and October 2024, Cleveland, OH real estate market has seen increase in the number of listings by 4.7%. Listings spent 36 days on the market in October 2024, and had a median list price of $164,291 during the same period.
From Rocket Homes Real Estate and based on county public records data.