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114-116 Eastland RD Berea, OH 44017
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Key Details
Sold Price $151,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,511 sqft
Price per Sqft $60
Subdivision A B Fullers Allotment
MLS Listing ID 4229760
Sold Date 11/19/20
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,679
Year Built 1931
Annual Tax Amount $2,553
Lot Size 6,865 Sqft
Acres 0.1576
Property Description
Welcome to 114-116 Eastland Rd a side-by-side brick two-family located just off BW University Campus. Recently updated with newer windows and electrical upgrades. Each unit has separate basements and separate water meters that increase your NOI. Price based on a 10.5% cap rate with professional management figured into operating income. If you choose to manage this property yourself, the NOI will increase $1800 a year. Super opportunity and a great tenant base across from the college. Don't delay, call today!
Location
State OH
County Cuyahoga
Direction West
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Oven, Range, Refrigerator
Exterior
Parking Features Detached, Garage, Unpaved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Building
Faces West
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Berea Csd - 1804
Others
Tax ID 364-19-004
Financing Conventional
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Bought with Andrew T Ginter • Keller Williams Greater Metropolitan