16014 Saranac Road

Cleveland, OH 44110

$203,000
Last Sold Price
14
Beds
5,786 Sq. Ft.
$35 / Sq. Ft.
5,786
Sq. Ft.
$35
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 9/22/22
Closed 9/22/22

Description

Exceptional investment opportunity. Current owner has kept this property for 26 years before retiring. The listing has two parcels. First parcel has a huge building that originally has six units, but one is converted into storage. The second parcel has one unit which is currently rented. Out of six available units the owner has kept two units vacant to show to the prospective customer and remaining 4 units have long term tenants with lower than current market rent. Six well-kept apartments with very...Exceptional investment opportunity. Current owner has kept this property for 26 years before retiring. The listing has two parcels. First parcel has a huge building that originally has six units, but one is converted into storage. The second parcel has one unit which is currently rented. Out of six available units the owner has kept two units vacant to show to the prospective customer and remaining 4 units have long term tenants with lower than current market rent. Six well-kept apartments with very low property tax and expenses can bring you a very healthy return on your investment.
  1. Listed by Michael Kaim • BHHS Professional Realty
    P: (440)-796-0425 C: (440)-796-0425 kaimteam@gmail.com
  2. Listed by Mazhar A Khan • BHHS Professional Realty
    P: (216)-659-5065 C: (216)-659-5065 realtorkhan07@gmail.com

Amenities

  • Attached Garage
  • Common Laundry
  • Full Basement
  • Garage
  • Gas Heat
  • Hot Water Heating
  • Parking Included
  • Wall Unit
LISTING CLOSED: 09/22/2022 12:00 AM

Property Details for 16014 Saranac Road

StatusClosed
MLS #4388566
Days on Market79
Taxes$2,600 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1900
Lot Size0.25 AC / 10,977 SF
CountyCuyahoga County
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Location

Listing Courtesy of BHHS Professional Realty

Sold By Keller Williams Elevate

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Building Information for 16014 Saranac Road

Stories2Residences6Year Built1900Building Size-Lot Size0.25 AC / 10,977 SF

Payment Calculator

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$1,248 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,032

Property Taxes

$217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16014 Saranac Road

Summary
Location and General Information
  • Directions: 90 to 152nd street to Left on Saranac
  • Latitude: 41.563916
  • Longitude: -81.568226
  • Township: Cleveland
Taxes and HOA
  • Additional Parcels Description: 116-11-052
  • Parcel Number: 116-11-021
  • Tax Annual Amount: $2,600.00
  • Tax Legal Description: 16 CROSBY S/L 58&59 0057 EP
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached, Garage, Paved
Property
Lot Information
  • Lot Features: Additional Land Available, Interior Lot
  • Lot Size Acres: 0.252
  • Lot Size Area: 0.252
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 5786.0
  • Above Grade Finished Area Source: Realist
  • Building Area Total: 5786.0
  • Living Area: 5786.0
  • Property Condition: Fixer
  • Year Built: 1900
Building Features
  • Construction Materials: Brick, Vinyl Siding, Wood Siding
  • Levels: Two
  • Number of Buildings: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Has Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 6
  • Total Bedrooms: 14
  • Cooling: None, Wall Units
  • Has Cooling: No
  • Heating: Forced Air, Gas, Hot Water, Steam
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Main Level Bathrooms: 0
  • Total Rooms: 33
Exterior Features
  • Fencing: Chain Link
  • Roof: Asphalt, Fiberglass, Flat, Slate
  • Stories: 2
Multi Family
Multi Family Information
  • Total Number of Units: 6
Unit Information
Unit 1
  • Actual Rent: $650.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 4
Unit 2
  • Actual Rent: $750.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Total Units: 1
Unit 3
  • Actual Rent: $750.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Total Units: 2
Unit 4
  • Actual Rent: $550.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 3
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Property History for 16014 Saranac Road

DateEvent & SourcePriceAppreciation
Sep 22, 2022

Sold

MLS Now #4388566

$203,000—
Sep 19, 2022

Sold (Public Record)

Public Record #1498717356

$180,000—
Jul 12, 2022

Contract Signed

MLS Now #4388566

—
DateEvent & SourcePrice
09/22/2022

Sold

MLS Now #4388566

$203,000
09/19/2022

Sold (Public Record)

Public Record #1498717356

$180,000
07/12/2022

Contract Signed

MLS Now #4388566

—

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

Public Records for 16014 Saranac Road

Taxable ValueLand$1,930Additions$61,080Total$63,010
Tax Record2025$6,518 ($543 / month)
Home Facts
Baths6Total Finished SqFt3,756 SqFtAbove Grade Finished SqFt3,756 SqFtStories2Lot Size5,460 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningMF-1CountyCUYAHOGAAPN116-11-021

Schools near 16014 Saranac Road

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Memorial School
Public - PK to 8
Ginn Academy
Public - 9 to 12
Collinwood High School
Public - 9 to 12
East Clark School
Public - PK to 8
Rating
School
Distance
Memorial School
PublicPK to 8

Ginn Academy
Public9 to 12

Collinwood High School
Public9 to 12

East Clark School
PublicPK to 8

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Professional Realty

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