2189 Rexwood RD Active Save Request In-Person Tour Request Virtual Tour
Cleveland Heights,OH 44118
Key Details
Property Type Single Family Home
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,277 sqft
Price per Sqft $131
Subdivision Meadowbrook Allotment 01
MLS Listing ID 5094061
Bedrooms 7
Full Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,277
Total Fin. Sqft 3277
Year Built 1922
Annual Tax Amount $6,311
Tax Year 2024
Lot Size 5,401 Sqft
Acres 0.124
Property Description
Turnkey tand beautifully updated and maintained triplex in a prime Cleveland Heights' location! This property is just a short walk from the Cedar-Lee retail district and all it has to offer - from cafes, restaurants, bars, a cinema and yoga studio to the soon-to-be-finished mixed use luxury apartment building. Both first and second floor units offer 2 bedrooms + a sunroom. All 3 units have central AC and in-unit washers and dryers. The 3rd floor has skylights that brighten the space quite nicely. Although current gross rents total almost $45K/year, there is room to increase this to $54K without additional CapEx or doing furnished rentals. Property is fully leased through May 31, 2025. Roof is approximately 5 years old. Updates/Improvements = roof, electrical panels, HWT, kitchens, bathrooms. Tenants pay ALL utilities, including water, sewer, and trash. Off-street parking for 5 cars. Property will transfer POS-compliant. Seller is also selling 2075 Coventry (a triplex) + 1504 East 107 (furnished student housing) + 1520 E 108 (furnished student housing).
Location
State OH
County Cuyahoga
Rooms
Basement Full,Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dryer,Dishwasher,Microwave,Range,Refrigerator,Washer
Exterior
Parking Features Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage true
Private Pool No
Building
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 686-14-079
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange