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3372 Sutton Road, Shaker Heights, OH 44120

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For Sale

$295,000

7 beds • 3 baths • 2,596 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $113.64
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 $3,225 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!
MLS# 5086113

Courtesy Of EXP Realty

(866) 212-4991

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Wood Siding
  • Lot Size
    0.14 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 3372 Sutton Road, Shaker Heights, OH 44120

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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