Vision Sales Team

2939 E Derbyshire Road

Cleveland Heights, OH 44118

MLS#: 5244390

$450,000

Status: Active
Listing number: 5244390
Listing provided by: Premier Heights Realty LLC
Listing agent phone: None
Last update: 23 hours ago
New on site 1 day ago
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Chelsea Land Cos Chelsea Road - Residential Income

Property

Beds

10

Full Baths

4

1/2 Baths

None

Year Built

1920

Sq.Footage

3,700

INVESTORS: 10-bedroom, 4 FULL-bathroom duplex on East Derbyshire between Lamberton and Cottage Grove in Cleveland Heights! Currently, one side is vacant to allow for OWNER-OCCUPANTS, and the other is occupied by medical residents through Spring 2027. Fair Market Rents are $2500 per side (or approximately $60,000 in annual GRI), with CMHA paying up to $2663 for a 5-bedroom unit in 44118. So many improvements have already been made, including: Updated electrical panels, VINYL and glass-block windows, remodeled kitchens, refreshed bathrooms, exterior painting (2023), new roofs on house and garage (2023), CENTRAL AC in both 3rd floors (2023), new carpeting in 2nd and 3rd floor of LEFT side (2026). Each unit has its own, private basement with laundry. There is a 3-car garage + additional parking for up to 3 other cars. Boilers are serviced regularly. Property will transfer POS-compliant.

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    4

  • Above Grade Finished Area

    3700.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s)

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    Wood Siding

  • Parking

    Detached, Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1487

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $450,000

  • Tax Amount

    $8,159

  • Sq. Footage

    3,700

  • Price/SqFt

    $121

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Hts-Univer - 1810

  • Middle School

    Cleveland Hts-Univer - 1810

  • High School

    Cleveland Hts-Univer - 1810

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Hts-Univer - 1810

Middle School

Cleveland Hts-Univer - 1810

High School

Cleveland Hts-Univer - 1810

Listing Courtesy of Sophie Boehlen, Premier Heights Realty LLC

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Agent Tami Reiss

AGENT

Tami Reiss

Call Tami today to schedule a private showing.

(330) 338-6293

Tami@VisionSalesTeam.com


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INVESTORS: 10-bedroom, 4 FULL-bathroom duplex on East Derbyshire between Lamberton and Cottage Grove in Cleveland Heights! Currently, one side is vacant to allow for OWNER-OCCUPANTS, and the other is occupied by medical residents through Spring 2027. Fair Market Rents are $2500 per side (or approximately $60,000 in annual GRI), with CMHA paying up to $2663 for a 5-bedroom unit in 44118. So many improvements have already been made, including: Updated electrical panels, VINYL and glass-block windows, remodeled kitchens, refreshed bathrooms, exterior painting (2023), new roofs on house and garage (2023), CENTRAL AC in both 3rd floors (2023), new carpeting in 2nd and 3rd floor of LEFT side (2026). Each unit has its own, private basement with laundry. There is a 3-car garage + additional parking for up to 3 other cars. Boilers are serviced regularly. Property will transfer POS-compliant.

2939 E Derbyshire Road

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