Description
Ideally located duplex in Shaker Heights. The property is less than one mile from two retail districts on Chagrin Blvd. offering restaurants, shopping centers, parks, and entertainment. Two long-term tenants of ten and fifteen years respectively occupy both units. Units are currently rented well below market rents. Interior of units will need to be remodeled to achieve current market rents. Both tenants are month-to-month. It may be possible to create a third unit upstairs as there is an existing layout present creating further future value for the new owner. Garbage collection cost included in property taxes. Property being sold As-Is. Buyer to assume remaining point-of-sale items.
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6BEDS
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0.13ACRES
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3BATHS
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01/2 BATHS
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2,352SQFT
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$68$/SQFT
Listing information © 2023 YES-MLS.
Description
Ideally located duplex in Shaker Heights. The property is less than one mile from two retail districts on Chagrin Blvd. offering restaurants, shopping centers, parks, and entertainment. Two long-term tenants of ten and fifteen years respectively occupy both units. Units are currently rented well below market rents. Interior of units will need to be remodeled to achieve current market rents. Both tenants are month-to-month. It may be possible to create a third unit upstairs as there is an existing layout present creating further future value for the new owner. Garbage collection cost included in property taxes. Property being sold As-Is. Buyer to assume remaining point-of-sale items.
Listing information © 2023 YES-MLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Paratto Ross Real Estate Team at Howard Hanna are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-06-02T08:08:32.993.