1588 South Green Road

Cleveland, OH 44121

$335,000
Last Sold Price
7
Beds
5,174 Sq. Ft.
$65 / Sq. Ft.
5,174
Sq. Ft.
$65
per Sq. Ft.
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Closed 8/2/24
Closed 8/2/24

Description

Attention Investors! Current owner looking to liquidate. Amazing CAP Rate! - Don't miss out on this incredible opportunity! Fully updated and lawful triplex with Certificate of Occupancy issued March 2024 is Violation Free and located in a highly desirable area... A dream come true for Investors or an Owner Occupancy. The property was gut renovated and boasts all-new features, including new floors, new carpets, new tiling, new walls, new rough and new finish electrical (including new panel boxes...Attention Investors! Current owner looking to liquidate. Amazing CAP Rate! - Don't miss out on this incredible opportunity! Fully updated and lawful triplex with Certificate of Occupancy issued March 2024 is Violation Free and located in a highly desirable area... A dream come true for Investors or an Owner Occupancy. The property was gut renovated and boasts all-new features, including new floors, new carpets, new tiling, new walls, new rough and new finish electrical (including new panel boxes and sub-panels in each unit), plumbing and 3 independent HVAC units, new kitchens and appliances, new bathrooms, new doors and more. All three units are rented out. The first floor unit features three bedrooms and one bathroom. The second floor unit is also a three bedroom one bathroom. The third floor unit is one/two bedroom and one bathroom. A convenient laundry area for all three units is located in the basement. The property sits on an expansive wooded lot nearly 500 feet deep, perfect for relaxation, and features an extra-large gravel driveway and parking pad that can accommodate multiple cars. Located near universities, colleges, medical centers, and highways, this property is in a prime area for easy rentals. Don't let this opportunity slip away - it won't last long!
  1. Listed by Tzipora Sonnenschein • Berkshire Hathaway HomeServices Professional Realty
    P: (216)-406-9109 C: (216)-406-9109 tpsonn@gmail.com

Property Details for 1588 South Green Road

Subdivision Name
Euclid 03
Has Waterfront
No
LISTING UPDATED: 08/07/2024 07:55 PM

Property Details for 1588 South Green Road

StatusClosed
MLS #5041426
Days on Market37
Taxes$6,093 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1893
Lot Size0.48 AC / 21,100 SF
CountyCuyahoga County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices Professional Realty

Sold By Howard Hanna

Add your commute

Building Information for 1588 South Green Road

Stories4Residences-Year Built1893Building Size-Lot Size0.48 AC / 21,100 SF

Payment Calculator

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$2,177 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,669

Property Taxes

$508

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1588 South Green Road

Summary
Location and General Information
  • Directions: South off Mayfield Rd.
  • Latitude: 41.516733
  • Longitude: -81.52025
  • Township: South Euclid
Taxes and HOA
  • Parcel Number: 703-29-019
  • Tax Annual Amount: $6,092.56
  • Tax Legal Description: 30 SP 1227.78FT S OF CL MAYFIELD RD
  • Tax Year: 2023
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: No
  • Parking Features: Gravel
Property
Lot Information
  • Lot Features: Wooded
  • Lot Size Acres: 0.4844
  • Lot Size Area: 0.4844
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 3460.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 1714.0
  • Below Grade Finished Area Source: Assessor
  • Living Area: 5174.0
  • Living Area Units: Square Feet
  • Year Built: 1893
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Range, Refrigerator
  • Basement: Full, Storage Space, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 7
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: Common Area, In Basement
  • Main Level Bathrooms: 0
  • Total Rooms: 10
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Total Stories: 4
Unit Information
Unit 1
  • Actual Rent: $750.00
  • Area: 750.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Month to Month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 2
  • Actual Rent: $1,350.00
  • Area: 1714.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: Yes
  • Lease Expires: 05-31-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
Unit 3
  • Actual Rent: $1,400.00
  • Area: 1746.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: Yes
  • Lease Expires: 04-30-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 1588 South Green Road

DateEvent & SourcePriceAppreciation
Aug 2, 2024

Sold

MLS Now #5041426

$335,000—
Jul 31, 2024

Sold (Public Record)

Public Record #1537845437

$335,000

+41.7% / yr

Jul 2, 2024

Contract Signed

MLS Now #5041426

—
DateEvent & SourcePrice
08/02/2024

Sold

MLS Now #5041426

$335,000
07/31/2024

Sold (Public Record)

Public Record #1537845437

$335,000

+41.7% / yr

07/02/2024

Contract Signed

MLS Now #5041426

—

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

Public Records for 1588 South Green Road

Taxable ValueLand$14,770Additions$63,140Total$77,910
Tax Record2025$7,150 ($596 / month)
Home Facts
Baths2Total Finished SqFt3,460 SqFtAbove Grade Finished SqFt3,460 SqFtStories2Lot Size21,100 SqFtStyleTriplexYear Built1893Year Renovated1970ZoningR-50CountyCUYAHOGAAPN703-29-019

Schools near 1588 South Green Road

This home is within South Euclid-Lyndhurst City School District.
Rating
School
Type
Grades
Distance
Rowland Elementary School
Public - PK to 3
Greenview Upper Elementary School
Public - 4 to 7
Memorial Junior High School
Public - 7 to 8
Brush High School
Public - 9 to 12
Rating
School
Distance
Rowland Elementary School
PublicPK to 3

Greenview Upper Elementary School
Public4 to 7

Memorial Junior High School
Public7 to 8

Brush High School
Public9 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 Berkshire Hathaway HomeServices Professional Realty

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