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Backup Offers

3372 Sutton Rd, Shaker Heights, OH, 44120

$295,000

Home List Price

$3,503*

Closing Credit

7 Bedrooms
3 Full Baths
2,596 SqFt
$114/SqFt
Multi

Location

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3372 Sutton Rd, Shaker Heights$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAsphalt, Driveway, Detached, Garage Faces Front, Garage, On Street
Garage2 spaces
Year Built1924
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s)
BasementYes
MLS #5086113
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 3372 Sutton Rd

Investment Opportunity or Chance to House Hack and Live For Free! Charming 3-Unit Building with Steady Income! Welcome to an exceptional investment opportunity in the heart of a vibrant community! This well-maintained three-unit building boasts a strong rental income of $3,220 per month, making it an ideal addition to any investor's portfolio. Step inside to discover beautifully maintained hardwood floors and a cozy fireplace that adds character and warmth to the living spaces. Recent updates completed in 2023 include fresh interior painting, upgraded electrical on 3rd floor, buffed flooring, stylish light fixtures, and the replacement of select windows, ensuring a modern and inviting atmosphere for tenants. The property features a newly paved asphalt driveway, enhancing curb appeal and providing ample parking for residents. Additionally, one of the hot water tanks were replaced in 2022, offering tenants reliability and peace of mind. With its prime location and thoughtful updates, this property not only promises consistent cash flow but also the potential for appreciation in value. Don't miss your chance to invest in this turnkey property that combines comfort, style, and income! This great location is within a mile of Shaker Square, Shaker Hts HS, the library, a Heinen's, Wholefoods, Target, and Aldi's, Canterbury Golf Club, Shaker Heights Thornton Park, Horseshoe Lake Park, and Nature Center At Shaker Lakes. Also nearby is John Carroll University and Case Western Reserve University! All 3 units are currently rented with wonderful, paying tenants who've been there over a year. One unit can be delivered vacant if requested by the buyer in case they would like to live in one unit and keep the others rented. This provides a unique opportunity to live for free and even collect some income! There is also a property management company in place that can be transitioned to the new buyer if they'd like. Lowest taxes in Shaker Hts Neighborhood!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 3
  • Living Area: 2,596 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (330) 741-1237
  • Listing Agent: Ryan Hemeyer

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Asphalt, Driveway, Detached, Garage Faces Front, Garage, On Street

Lot Features

Lot Information:

  • Lot: Front Yard, Paved
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Chagrin to Milverton to Sutton

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $114/SqFt

Tax Information:

  • Annual Amount: $2,729
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Shaker Heights, OH.

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Shaker Heights, OH

City

Med. Sold Price

$325K

Med. Price/SqFt

$129

Avg. Days On Market

49

# of Sold Homes

34

3372 Sutton Rd vs Shaker Heights

30 DAYS ON ROCKET

-19 Days

$295,000

-$30K Less

$114/SqFt

-$16 Less

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $16/SqFt less than other homes in Shaker Heights, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5086113

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (330) 741-1237
  • Listing Agent: Ryan Hemeyer

IDXCopyright 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: 12/21/2024, 11:56:01 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

YEARPROP. TAXASSESSMENT
2020$2,729$23,280
2019$2,934$24,500
2018$2,951$24,500
2017$3,132$24,780

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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.

Nearby Schools

school-card-donut-826191
5
/10

  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 0.56 miles

  • Public District Grades PK-4

school-card-donut-826192
4
/10

  • Boulevard Elementary School

  • 14900 Drexmore Rd

  • 0.93 miles

  • Public District Grades KG-4

school-card-donut-826193
6
/10

  • Fernway Elementary School

  • 17420 Fernway Rd

  • 1.02 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. Residents of Shaker Heights, OH typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Shaker Heights›44120›3372 Sutton Rd

This home is located at 3372 Sutton Rd in Shaker Heights, OH and zip code 44120. This 2,596 square foot home, which was built in 1924, sits on a 0.14 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $295,000.

Shaker Heights, OH housing market in November 2024 saw over 10 listings sold above listed price, more than 9 sold at listed price and over 15 sold below. In November 2024 in Shaker Heights, OH there were 4.2% less homes for sale than in October 2024. Listings spent 49 days on the market in November 2024, and had a median list price of $325,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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