13842-44 Cedar Road

3,180 Sq. Ft.
$39 / Sq. Ft.
3,180
Sq. Ft.
$39
per Sq. Ft.

Description

Wonderful investment opportunity. Hard to find well maintained 4 suiter in University Hts. All brick building & brick & concrete block 4 car garage w/electric garage door openers on 2 parcels. Ideal because the tenants pay their own heat since there's 4 separate furnaces & a/c units & their own electric, since it's separately metered. Part of the 2nd parcel has an easement for parking for the building just east of this parcel. That's ideal since that owner shares in the cost of maintaining that parcel...Wonderful investment opportunity. Hard to find well maintained 4 suiter in University Hts. All brick building & brick & concrete block 4 car garage w/electric garage door openers on 2 parcels. Ideal because the tenants pay their own heat since there's 4 separate furnaces & a/c units & their own electric, since it's separately metered. Part of the 2nd parcel has an easement for parking for the building just east of this parcel. That's ideal since that owner shares in the cost of maintaining that parcel 50-50. If investor would like to live in 1 unit, the balance of the tenants will pay the mortgage payment. Roof on building, garage & rear porch replaced in 2008. 4 separate locker space in basement for each unit. Huge storage area in basement on 2 different sides. Interior access to the basement from each unit thru 2nd staircase. Each unit is 700 sq ft w/very large rooms. All 1 bedroom suites. Owner responsible for the common area electric, trash removal & water & sewer charges.
  1. Listed by Jenny Chin • Howard Hanna
    P: (216)-323-1216 C: (216)-323-1216 jennychin@howardhanna.com

Amenities

  • Air Conditioning
  • Basement
  • Central AC
  • Cooktop
  • Detached Parking
  • Disposal
  • Dryer
  • Full Basement
LISTING UPDATED: 08/25/2023 11:03 PM

Property Details for 13842-44 Cedar Road

StatusClosed
MLS #3394043
Days on Market75
Taxes$9,265 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1965
Lot Size0.12 AC / 5,401 SF
CountyCuyahoga County

Location

Listing Courtesy of Howard Hanna

Sold By Howard Hanna

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Building Information for 13842-44 Cedar Road

Stories-Residences4Year Built1965Building Size-Lot Size0.12 AC / 5,401 SF

Payment Calculator

$1,395 per month

30 year fixed, 6.36% Interest

Principal and Interest

$623

Property Taxes

$772

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 13842-44 Cedar Road

Summary
Location and General Information
  • Directions: South side of Cedar, West of Fenwick
  • Latitude: 41.501089
  • Longitude: -81.541821
Taxes and HOA
  • Additional Parcels: No
  • Parcel Number: 722-08-013
  • Tax Annual Amount: $9,265.00
School Information
  • Elementary School District: Cleveland Hts-Univer - 1810
  • High School District: Cleveland Hts-Univer - 1810
  • Middle or Junior School District: Cleveland Hts-Univer - 1810
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Detached, Garage, Garage Door Opener, Paved
Property
Lot Information
  • Lot Size Acres: 0.124
  • Lot Size Area: 0.124
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5401.0
  • Lot Size Units: Acres
Property and Assessments
  • Building Area Source: Realist
  • Building Area Total: 3180.0
  • Year Built: 1965
Building Features
  • Accessibility Features: None
  • Construction Materials: Brick
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Cooktop, Dryer, Disposal, Refrigerator, Washer
  • Basement: Common Basement, Full
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 4
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 0
Exterior Features
  • Roof: Asphalt, Fiberglass
Room Information
Room 1
  • Room Type: Laundry
Room 2
  • Room Level: First
  • Room Type: Bedroom
Room 3
  • Room Type: Eat In Kitchen
Room 4
  • Room Level: First
  • Room Type: Bathroom
Room 5
  • Room Type: Entry Foyer
Multi Family
Multi Family Information
  • Total Number of Units: 4
Unit Information
Unit 1
  • Actual Rent: $575.00
  • Area: 700.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Total Units: 4
Unit 2
  • Actual Rent: $595.00
  • Area: 700.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Total Units: 4
Unit 3
  • Actual Rent: $595.00
  • Area: 700.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Total Units: 4
Unit 4
  • Actual Rent: $595.00
  • Area: 700.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Total Units: 4

Property History for 13842-44 Cedar Road

DateEvent & SourcePriceAppreciation
Jul 17, 2013

Sold

MLS Now #3394043

$125,000
Jun 11, 2013

Contract Signed

MLS Now #3394043

Mar 28, 2013

Listed (Active)

MLS Now #3394043

$140,000
DateEvent & SourcePrice
07/17/2013

Sold

MLS Now #3394043

$125,000
06/11/2013

Contract Signed

MLS Now #3394043

03/28/2013

Listed (Active)

MLS Now #3394043

$140,000

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

Schools near 13842-44 Cedar Road

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
Lauree P Gearity 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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