1365 Gable Lane

4,800 Sq. Ft.
$47 / Sq. Ft.
4,800
Sq. Ft.
$47
per Sq. Ft.

Description

Unique 2007 built triplex offers 3 low maintenance units. Immediate positive cash flow, well built attached 2 car garage with each unit. Contingent upon bank approval. Note: 75% tax abatement for 10 years! This is an absolute home run for an investor.Unique 2007 built triplex offers 3 low maintenance units. Immediate positive cash flow, well built attached 2 car garage with each unit. Contingent upon bank approval. Note: 75% tax abatement for 10 years! This is an absolute home run for an investor.
  1. Listed by Paul Blumberg • Howard Hanna
    P: (216)-633-5338 C: (216)-633-5338 peblumberg@aol.com

Amenities

  • Air Conditioning
  • Central AC
  • Dishwasher
  • Disposal
  • Electric Oven
  • Garage
  • Gas Heat
  • Microwave
LISTING UPDATED: 08/25/2023 10:02 PM

Property Details for 1365 Gable Lane

StatusClosed
MLS #3292283
Days on Market165
Taxes$5,000 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built2007
Lot Size2.40 AC / 104,588 SF
CountyCuyahoga County

Location

Listing Courtesy of Howard Hanna

Sold By Howard Hanna

Add your commute

Building Information for 1365 Gable Lane

Stories-Residences3Year Built2007Building Size-Lot Size2.40 AC / 104,588 SF

Payment Calculator

$1,538 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,121

Property Taxes

$417

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1365 Gable Lane

Summary
Location and General Information
  • Directions: Behind Alesci's, Mayfield Road to Francis Court to Gable Lane.
  • Latitude: 41.52428
  • Longitude: -81.539901
Taxes and HOA
  • Additional Parcels: No
  • Parcel Number: 703-02-055
  • Tax Annual Amount: $5,000.00
School Information
  • Elementary School District: South Euclid-Lyndhurst - 1829
  • High School District: South Euclid-Lyndhurst - 1829
  • Middle or Junior School District: South Euclid-Lyndhurst - 1829
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 6.0
  • Garage: Yes
  • Parking Features: Drain, Direct Access, Electricity, Garage, Garage Door Opener, Paved
Property
Lot Information
  • Direction Faces: South
  • Lot Size Acres: 2.401
  • Lot Size Area: 2.401
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 104588.0
  • Lot Size Units: Acres
Property and Assessments
  • Building Area Source: Owner
  • Building Area Total: 4800.0
  • Year Built: 2007
Building Features
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range
  • Has Basement: No
  • Full Bathrooms: 1
  • Total Bathrooms Integer: 1
  • Total Bedrooms: 3
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 0
  • Total Rooms: 18
  • Security Features: Smoke Detectors
Exterior Features
  • Community Features: Playground, Shopping
  • Roof: Asphalt, Fiberglass
Multi Family
Multi Family Information
  • Total Number of Units: 3
Income & Expenses
  • Gross Income: $39,600.00
Unit Information
Unit 1
  • Actual Rent: $1,100.00
  • Area: 1600.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Total Units: 3

Property History for 1365 Gable Lane

DateEvent & SourcePriceAppreciation
Oct 29, 2012

Sold

MLS Now #3292283

$225,000
Oct 9, 2012

Contract Signed

MLS Now #3292283

Feb 7, 2012

Listed (Active)

MLS Now #3292283

$199,000
DateEvent & SourcePrice
10/29/2012

Sold

MLS Now #3292283

$225,000
10/09/2012

Contract Signed

MLS Now #3292283

02/07/2012

Listed (Active)

MLS Now #3292283

$199,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1365 Gable Lane

This home is within Cleveland Heights-University Heights City.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Noble Elementary School
PublicPK to 5

Monticello Middle School
Public6 to 8

Cleveland Heights High School
Public9 to 12

Tiger Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Howard Hanna

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