5240-5242 State Road

2,232 Sq. Ft.
$108 / Sq. Ft.
2,232
Sq. Ft.
$108
per Sq. Ft.

Description

Calling all investors! Don't miss this awesome opportunity to own a multi-family home in a great location! The possibilities are endless! Purchase this home and live in the the beautiful lower unit and generate income from occupied upper unit or Lower unit is ready to move right in for a new tenant with occupied upper unit! This property is located near all major conveniences and highways, making it very accessible to you and potential renters. This home has newer windows (within 5 years) and a freshly...Calling all investors! Don't miss this awesome opportunity to own a multi-family home in a great location! The possibilities are endless! Purchase this home and live in the the beautiful lower unit and generate income from occupied upper unit or Lower unit is ready to move right in for a new tenant with occupied upper unit! This property is located near all major conveniences and highways, making it very accessible to you and potential renters. This home has newer windows (within 5 years) and a freshly painted exterior (1 year). Hot water tanks are within 5 years old. The lower unit has been recently remodeled within the last year. LVP flooring throughout, new kitchen cabinetry, sink/faucet and countertop, new light fixtures. Sunroom can be used as an extra room space. Freshy painted throughout first floor. Schedule your showing today!
  1. Listed by Nicole M Denigris • RE/MAX Above & Beyond
    P: (440)-503-2043 C: (440)-503-2073 nmdenigris@gmail.com

Property Details for 5240-5242 State Road

Subdivision Name
State Brook
LISTING CLOSED: 07/13/2023 12:00 AM

Property Details for 5240-5242 State Road

StatusClosed
MLS #4450708
Days on Market38
Taxes$3,052 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1926
Lot Size0.14 AC / 6,067 SF
CountyCuyahoga County

Location

Listing Courtesy of RE/MAX Above & Beyond

Sold By Keller Williams Living

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Building Information for 5240-5242 State Road

Stories2Residences2Year Built1926Building Size-Lot Size0.14 AC / 6,067 SF

Payment Calculator

$1,450 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,196

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5240-5242 State Road

Summary
Location and General Information
  • Directions: South of Brookpark Rd. Driveway off Freehold Ave.
  • Latitude: 41.417814
  • Longitude: -81.710832
  • Township: Parma
Taxes and HOA
  • Parcel Number: 443-29-023
  • Tax Annual Amount: $3,052.00
  • Tax Legal Description: 3 STBRK 0011 ALL
School Information
  • Elementary School District: Parma CSD - 1824
  • High School District: Parma CSD - 1824
  • Middle or Junior School District: Parma CSD - 1824
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage, Paved
Property
Lot Information
  • Direction Faces: East
  • Lot Size Acres: 0.1393
  • Lot Size Area: 0.1393
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2232.0
  • Above Grade Finished Area Source: Assessor
  • Building Area Total: 2232.0
  • Living Area: 2232.0
  • Year Built: 1926
Building Features
  • Accessibility Features: None
  • Construction Materials: Wood Siding
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Cooktop, Dryer, Range, Refrigerator, Washer
  • Basement: Full
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 4
  • 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: Fitness, Golf, Lake, Laundry Facilities, Medical Service, Playground, Park, Pool, Shopping, Tennis Courts
  • Pool Features: Community
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Multi Family
Multi Family Information
  • Total Number of Units: 2
Unit Information
Unit 1
  • Area: 1120.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
Unit 2
  • Area: 1112.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied

Property History for 5240-5242 State Road

DateEvent & SourcePriceAppreciation
Jul 13, 2023

Sold

MLS Now #4450708

$240,000
May 25, 2023

Contract Signed

MLS Now #4450708

Apr 12, 2023

Listed (Active)

MLS Now #4450708

$269,000
DateEvent & SourcePrice
07/13/2023

Sold

MLS Now #4450708

$240,000
05/25/2023

Contract Signed

MLS Now #4450708

04/12/2023

Listed (Active)

MLS Now #4450708

$269,000

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

Schools near 5240-5242 State Road

This home is within Parma City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Thoreau Park Elementary School
PublicK to 4

Shiloh Middle School
Public5 to 8

Normandy High School
Public9 to 12

Renwood Elementary School
PublicK to 4

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 RE/MAX Above & Beyond

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