2634 Colchester Road

3,049 Sq. Ft.
$151 / Sq. Ft.
3,049
Sq. Ft.
$151
per Sq. Ft.

Description

Investors... Location, Location, Location! Cash-flowing 3-Family on Colchester in just minutes from the Clinic's and University Hospitals' main campuses, as well as Case Western Reserve University. 1st floor features 2 beds, 1 bath + 1 sunroom. The 1st floor tenants are moving out at the end of July. This unit has just been rented for 2 years starting on August 1: rent the first year = $1700 and rent the second year = $1785. 2nd floor features 2 beds, 1 bath, and 2 sunrooms. The 3rd floor with great...Investors... Location, Location, Location! Cash-flowing 3-Family on Colchester in just minutes from the Clinic's and University Hospitals' main campuses, as well as Case Western Reserve University. 1st floor features 2 beds, 1 bath + 1 sunroom. The 1st floor tenants are moving out at the end of July. This unit has just been rented for 2 years starting on August 1: rent the first year = $1700 and rent the second year = $1785. 2nd floor features 2 beds, 1 bath, and 2 sunrooms. The 3rd floor with great skylights is bright and cheery. All units have remodeled kitchens and bathrooms, CENTRAL AC and in-unit washers and dryers, making them VERY desirable. 2022 Updates/Improvements = electrical, plumbing, HVAC, HWT, kitchens. Currently, the property generates over $52K in GRI. Property will be delivered POS-compliant. Seller is also selling 2189 Rexwood (Cleveland Heights) and 1504 East 107 (Case student housing). Interior videos are available upon request.
  1. Listed by Sophie Boehlen • Premier Heights Realty LLC
    P: (216)-849-8032 C: (216)-849-8032 sophie@premierheights.com

Property Details for 2634 Colchester Road

Subdivision Name
Fairmount Coventry
Has Waterfront
No
LISTING UPDATED: 09/18/2024 08:54 AM

Property Details for 2634 Colchester Road

StatusClosed
MLS #5051690
Days on Market55
Taxes$2,853 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1917
Lot Size0.20 AC / 8,912 SF
CountyCuyahoga County

Location

Listing Courtesy of Premier Heights Realty LLC

Sold By Realuxe Ohio

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Building Information for 2634 Colchester Road

Stories3Residences-Year Built1917Building Size-Lot Size0.20 AC / 8,912 SF

Payment Calculator

$2,530 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,292

Property Taxes

$238

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2634 Colchester Road

Summary
Location and General Information
  • Directions: West of Coventry between Fairmount and North park
  • Latitude: 41.492596
  • Longitude: -81.586004
  • Township: Cleveland Heights
Taxes and HOA
  • Parcel Number: 685-33-047
  • Tax Annual Amount: $2,853.00
  • Tax Legal Description: 422 FAIRCOV 0027 ALL
  • Tax Year: 2023
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: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage
Property
Lot Information
  • Lot Size Acres: 0.2046
  • Lot Size Area: 0.2046
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 3049.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Other
  • Living Area: 3049.0
  • Living Area Units: Square Feet
  • Property Condition: Updated Remodeled
  • Year Built: 1917
  • 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, Dishwasher, Range, Refrigerator, Washer
  • Basement: Full, Unfinished
  • Has Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 5
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: In Unit
  • Main Level Bathrooms: 0
  • Total Rooms: 12
  • Security Features: Carbon Monoxide Detectors, Smoke Detectors
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 3
  • Total Stories: 3
Multi Family
Income & Expenses
  • Gross Income: $52,200.00
Unit Information
Unit 1
  • Actual Rent: $1,700.00
  • Area: 1228.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Lease Expires: 05-30-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 2
  • Actual Rent: $1,700.00
  • Area: 1266.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Currently being advertised for rent
  • Leased: Yes
  • Lease Expires: 05-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $950.00
  • Area: 555.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Leased: Yes
  • Lease Expires: 05-30-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: One Bedroom
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 2634 Colchester Road

DateEvent & SourcePriceAppreciation
Sep 13, 2024

Sold

MLS Now #5051690

$460,000
Jul 21, 2024

Contract Signed

MLS Now #5051690

Jul 5, 2024

Listed (Active)

MLS Now #5051690

$475,000
DateEvent & SourcePrice
09/13/2024

Sold

MLS Now #5051690

$460,000
07/21/2024

Contract Signed

MLS Now #5051690

07/05/2024

Listed (Active)

MLS Now #5051690

$475,000

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

Public Records for 2634 Colchester Road

Taxable ValueLand$7,740Additions$17,500Total$25,240
Tax Record2021$2,785 ($232 / month)
Home Facts
Baths2Total Finished SqFt3,049 SqFtAbove Grade Finished SqFt3,049 SqFtUnfinished Basement SqFt1,109 SqFtStories2Lot Size8,910 SqFtStyleDuplexYear Built1917Year Renovated1962ZoningACountyCUYAHOGAAPN685-33-047Fireplace TypeHas Fireplace

Schools near 2634 Colchester Road

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

Roxboro 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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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 Premier Heights Realty LLC

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