3571 Gridley Road

Beachwood, OH 44122

$66,000
Last Sold Price
6
Beds
3,654 Sq. Ft.
$18 / Sq. Ft.
3,654
Sq. Ft.
$18
per Sq. Ft.
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Closed 10/13/21
Closed 10/13/21

Description

Welcome to a Rare Multifamily Investment Opportunity in a Desirable Neighborhood in Lovely Shaker Heights. This Two Family Features two Large 3 Bedrooms Units complete with Formal Dining Rooms, an Unfinished 3rd Floor and a Full Unfinished Basement with Shared Laundry. Electric and Gas, Heating and Hot Water are Separated for each unit. Property had an electrical short in the back bedroom in April 2021 which led to a fire that damaged mainly the rear of the house, however the inside of both units...Welcome to a Rare Multifamily Investment Opportunity in a Desirable Neighborhood in Lovely Shaker Heights. This Two Family Features two Large 3 Bedrooms Units complete with Formal Dining Rooms, an Unfinished 3rd Floor and a Full Unfinished Basement with Shared Laundry. Electric and Gas, Heating and Hot Water are Separated for each unit. Property had an electrical short in the back bedroom in April 2021 which led to a fire that damaged mainly the rear of the house, however the inside of both units did receive significant smoke damage. Bring this Investment Property back to Life and build equity with this Phenomenal Income Producing 2 Family that will be worth Magnitudes more than the list price once renovated! Located less than a block from Gridley Triangle Park and is near Restaurants, Shopping and Grocery! Showings to start Saturday, July 10th! Cash Only Purchasers for this one. Buyer to Assume Any Point of Sale Violations and House is Being Sold As-Is.
  1. Listed by Victor Duqum • VSD Realty, LLC.
    P: (216)-406-1772 victor@vsdrealty.com

Property Details for 3571 Gridley Road

Subdivision Name
Van Sweringen Companys 22
View
City
Has View
Yes
LISTING UPDATED: 08/26/2023 04:21 PM

Property Details for 3571 Gridley Road

StatusClosed
MLS #4296241
Days on Market2
Taxes$6,772 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1948
Lot Size0.13 AC / 5,601 SF
CountyCuyahoga County
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Location

Listing Courtesy of VSD Realty, LLC.

Sold By Howard Hanna

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Building Information for 3571 Gridley Road

Stories3Residences2Year Built1948Building Size-Lot Size0.13 AC / 5,601 SF

Payment Calculator

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$893 per month

30 year fixed, 6.36% Interest

Principal and Interest

$329

Property Taxes

$564

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3571 Gridley Road

Summary
Location and General Information
  • Directions: Just south of Chagrin Blvd, runs between Newell Rd and Sherrington Rd
  • Latitude: 41.462462
  • Longitude: -81.550197
  • Township: Shaker Heights
Taxes and HOA
  • Parcel Number: 736-20-114
  • Tax Annual Amount: $6,772.00
  • Tax Legal Description: 54 VANS#22 1396 ALL
School Information
  • Elementary School District: Shaker Heights CSD - 1827
  • High School District: Shaker Heights CSD - 1827
  • Middle or Junior School District: Shaker Heights CSD - 1827
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage, Paved
Property
Lot Information
  • Direction Faces: West
  • Lot Size Acres: 0.1286
  • Lot Size Area: 0.1286
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2471.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 1183.0
  • Below Grade Finished Area Source: Assessor
  • Building Area Total: 2471.0
  • Living Area: 3654.0
  • Property Condition: Fixer
  • Year Built: 1948
Building Features
  • Construction Materials: Brick
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 6
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Main Level Bathrooms: 0
  • Total Rooms: 12
Exterior Features
  • Community Features: Park
  • Fencing: Partial
  • Roof: Asphalt, Fiberglass
  • Stories: 3
Multi Family
Multi Family Information
  • Total Number of Units: 2
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Total Units: 1
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Total Units: 1
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Property History for 3571 Gridley Road

DateEvent & SourcePriceAppreciation
Oct 13, 2021

Sold

MLS Now #4296241

$66,000—
Oct 11, 2021

Sold (Public Record)

Public Record #1475978611

$66,000—
Jul 12, 2021

Contract Signed

MLS Now #4296241

—
DateEvent & SourcePrice
10/13/2021

Sold

MLS Now #4296241

$66,000
10/11/2021

Sold (Public Record)

Public Record #1475978611

$66,000
07/12/2021

Contract Signed

MLS Now #4296241

—

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

Public Records for 3571 Gridley Road

Taxable ValueLand$10,990Additions$60,590Total$71,580
Tax Record2021$6,928 ($577 / month)
Home Facts
Baths2Total Finished SqFt2,471 SqFtAbove Grade Finished SqFt2,471 SqFtUnfinished Basement SqFt1,183 SqFtStories2Lot Size5,600 SqFtStyleDuplexYear Built1948Year Renovated1979ZoningTFCountyCUYAHOGAAPN736-20-114Fireplace TypeHas Fireplace

Schools near 3571 Gridley Road

This home is within Shaker Heights City School District.
Rating
School
Type
Grades
Distance
Lomond Elementary School
Public - K to 5
Woodbury Elementary School
Public - 5 to 6
Shaker Heights Middle School
Public - 6 to 8
Shaker Heights High School
Public - 9 to 12
Rating
School
Distance
Lomond Elementary School
PublicK to 5

Woodbury Elementary School
Public5 to 6

Shaker Heights Middle School
Public6 to 8

Shaker Heights 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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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 VSD Realty, LLC.

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