2939 E Derbyshire Road, Cleveland Heights, OH 44118
- $450,000
- 10
- BD
- 4
- BA
- 3,700
- SqFt
- List Price
- $450,000
- Status
- ACTIVE
- Stories
- 3
- MLS#
- 5244390
- Year Built
- 1920
- Bedrooms
- 10
- Bathrooms
- 4
- Living Area
- 3,700
- Region
- Cleveland Heights
- Township
- Cleveland Heights
- Subdivision / Building
- Chelsea Land Cos Chelsea Road
Property Description
INVESTORS: 10-bedroom, 4 FULL-bathroom duplex on East Derbyshire between Lamberton and Cottage Grove in Cleveland Heights! Currently, one side is vacant to allow for OWNER-OCCUPANTS, and the other is occupied by medical residents through Spring 2027. Fair Market Rents are $2500 per side (or approximately $60,000 in annual GRI), with CMHA paying up to $2663 for a 5-bedroom unit in 44118. So many improvements have already been made, including: Updated electrical panels, VINYL and glass-block windows, remodeled kitchens, refreshed bathrooms, exterior painting (2023), new roofs on house and garage (2023), CENTRAL AC in both 3rd floors (2023), new carpeting in 2nd and 3rd floor of LEFT side (2026). Each unit has its own, private basement with laundry. There is a 3-car garage + additional parking for up to 3 other cars. Boilers are serviced regularly. Property will transfer POS-compliant.
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Additional Information
- Taxes
- $8,159
- Acres
- 0.15
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Garage Spaces
- 3
- Heating
- Forced Air
- Cooling
- Central Air, Window Unit(s)
- School District
- Cleveland Hts-Univer - 1810
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Listing Courtesy of: Sophie Boehlen, sophie@premierheights.com With Premier Heights Realty LLC
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