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$349,000
2313 Grandview Avenue, Cleveland Heights, OH 44106
5
Bedrooms
3
Bathrooms
3,120 sqft
Living area
0.1267 acres
Lot size
3
Garage
3
Stories
Great 3-unit, POINT OF SALE COMPLIANT, investment opportunity in the historic Cedar Heights neighborhood of Cleveland Heights, just steps from the shopping, dining, and entertainment destinations at the top of Cedar Hill and conveniently located near schools, University Circle attractions, hospitals, Case Western Reserve University, and Downtown Cleveland. This income-producing property has the potential to generate approximately $3,625 per month in rental income and features a detached 3-car garage, 2 furnaces, 2 hot water tanks, and 2 central A/C units. The first and second-floor units are leased and offer identical layouts with 2 bedrooms, a full bath, living room, dining room, updated kitchen with granite countertops, and in-unit laundry. One unit also features a Viking range. The third-floor studio apartment is currently vacant and has been completely renovated, offering a flexible 1-bedroom layout, full bath, and all furniture included, creating an excellent opportunity for an owner-occupant, short-term rental, or additional long-term income. Laundry for the 3rd unit is available in the basement. RECENT UPDATES: Replaced roof (2023), tore down and rebuilt front porch & balcony (2024), completely remodeled 3rd floor (2021). INCLUDED are ALL kitchen appliances, washers/dryers, and 3rd-floor furniture. The driveway is split. Please do not park in the driveway for showings or to inquire about the property.
Heating
Cooling
Parking
Appliances
Basement
Construction
2313 Grandview Avenue, Cleveland Heights, OH 44106
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Estimated monthly payment
$2,186
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.