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1354 Penhurst RD Cleveland, OH 44110
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Key Details
Sold Price $75,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,514 sqft
Price per Sqft $49
Subdivision Elworthy Helwick Cos St Clair
MLS Listing ID 4415975
Sold Date 01/04/23
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,034
Total Fin. Sqft 1514
Year Built 1920
Annual Tax Amount $963
Lot Size 3,502 Sqft
Acres 0.0804
Property Sub-Type Single Family Residence
Property Description
Cash flow opportunity. Previously Occupied by tenant at $995. New LVP in living areas, new carpet on upper stairs,
newer appliances, newer hwt and furnace. The tenant paid all utilites (including water/sewer) Plenty of additional
equity can be created by updating the interior. Owner only paid taxes and insurance. Located seconds from Euclid Ave
and rests right on the Euclid border. Property has appreciated quickly and strong rents were achieved without any
issue. Showing only after accepted offer. Comps over $110k. Preferred to be sold as a portfolio with a a total income of
$2945/mo at a 12% cap rate.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features No Garage, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 116-29-017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Suede Baum • Keller Williams Elevate