8,233 Sq. Ft.
$43 / Sq. Ft.
8,233
Sq. Ft.
$43
per Sq. Ft.

Description

Amazing opportunity for a turnkey all brick 6-unit apartment building. rents are below market, room to raise to market rents. All 2 bedroom units with separate utility's, individual furnaces and electric, very well maintained, with very strong rental history. 6 car garage, tenant storage in basement, lots of updates, newer roof, wood floors throughout, will be city violation free. very large units. coin laundry in the basement. Room to raise rents to market value! Real money maker! great investment...Amazing opportunity for a turnkey all brick 6-unit apartment building. rents are below market, room to raise to market rents. All 2 bedroom units with separate utility's, individual furnaces and electric, very well maintained, with very strong rental history. 6 car garage, tenant storage in basement, lots of updates, newer roof, wood floors throughout, will be city violation free. very large units. coin laundry in the basement. Room to raise rents to market value! Real money maker! great investment close to everything.
  1. Listed by Daniel A Perelman • Platinum Real Estate
    P: (216)-780-0413 dandantherealestateman@gmail.com

Property Details for 2649 Noble Road

Subdivision Name
Crestmore Realty Companys
View
City
Has View
Yes
LISTING CLOSED: 05/05/2021 12:00 AM

Property Details for 2649 Noble Road

StatusClosed
MLS #4267677
Days on Market28
Taxes$8,470 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1950
Lot Size0.20 AC / 8,803 SF
CountyCuyahoga County

Location

Listing Courtesy of Platinum Real Estate

Sold By Russell Real Estate Services

Add your commute

Building Information for 2649 Noble Road

Stories3Residences6Year Built1950Building Size-Lot Size0.20 AC / 8,803 SF

Payment Calculator

$2,450 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,744

Property Taxes

$706

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2649 Noble Road

Summary
Location and General Information
  • Directions: On Noble South on Monticello
  • Latitude: 41.529996
  • Longitude: -81.541094
  • Township: Cleveland Heights
Taxes and HOA
  • Parcel Number: 682-22-006
  • Tax Annual Amount: $8,470.00
  • Tax Legal Description: 21 CRESTMORE V43-P8 0049 ALL
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: 6.0
  • Garage: Yes
  • Parking Features: Detached, Garage, Paved
Property
Lot Information
  • Direction Faces: West
  • Lot Size Acres: 0.2021
  • Lot Size Area: 0.2021
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 7745.0
  • Above Grade Finished Area Source: Realist
  • Below Grade Finished Area: 488.0
  • Below Grade Finished Area Source: Realist
  • Building Area Total: 7745.0
  • Living Area: 8233.0
  • Year Built: 1950
Building Features
  • Accessibility Features: None
  • Construction Materials: Brick
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement: Common Basement, Full, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 1
  • Total Bedrooms: 2
  • Cooling: Window Units
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Main Level Bathrooms: 0
  • Total Rooms: 6
  • Security Features: Smoke Detectors
Exterior Features
  • Roof: Asphalt, Fiberglass
  • Stories: 3
Multi Family
Multi Family Information
  • Total Number of Units: 6
Income & Expenses
  • Gross Income: $43,800.00
  • Net Operating Income: $21,314.00
Unit Information
Unit 1
  • Actual Rent: $625.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 4
Unit 2
  • Actual Rent: $625.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 2
Unit 3
  • Actual Rent: $625.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 3
Unit 4
  • Actual Rent: $625.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 1
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas, Heat

Property History for 2649 Noble Road

DateEvent & SourcePriceAppreciation
May 5, 2021

Sold (Public Record)

Public Record #1463662064

$350,000

+18.2% / yr

May 5, 2021

Sold

MLS Now #4267677

$350,000
Apr 7, 2021

Contract Signed

MLS Now #4267677

DateEvent & SourcePrice
05/05/2021

Sold (Public Record)

Public Record #1463662064

$350,000

+18.2% / yr

05/05/2021

Sold

MLS Now #4267677

$350,000
04/07/2021

Contract Signed

MLS Now #4267677

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

Public Records for 2649 Noble Road

Taxable ValueLand$9,240Additions$101,920Total$111,160
Tax Record2025$15,202 ($1,267 / month)
Home Facts
Baths6Total Finished SqFt7,257 SqFtAbove Grade Finished SqFt7,257 SqFtStories3Lot Size8,804 SqFtStyleMulti-Family Res (5+ Units)Year Built1950Year Renovated1968ZoningMF2CountyCUYAHOGAAPN682-22-006

Schools near 2649 Noble 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
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 Platinum Real Estate

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