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3372 Sutton Road

Shaker Heights OH 44120

7
3
2
2596 sq. ft.
0.14 ac.
Duplex
Currently for sale - view listing

Overview

Investment Opportunity or Chance to House Hack and Live For Free! Charming 3-Unit Building with Steady Income! Welcome to an exceptional investment opportunity in the heart of a vibrant community! This well-maintained three-unit building boasts a strong rental income of $3, 220 per month, making it an ideal addition to any investor's portfolio. Step inside to discover beautifully maintained hardwood floors and a cozy fireplace that adds character and warmth to the living spaces. Recent updates completed in 2023 include fresh interior painting, upgraded electrical on 3rd floor, buffed flooring, stylish light fixtures, and the replacement of select windows, ensuring a modern and inviting atmosphere for tenants. The property features a newly paved asphalt driveway, enhancing curb appeal and providing ample parking for residents. Additionally, one of the hot water tanks were replaced in 2022, offering tenants reliability and peace of mind. With its prime location and thoughtful updates, this property not only promises consistent cash flow but also the potential for appreciation in value. Don't miss your chance to invest in this turnkey property that combines comfort, style, and income! This great location is within a mile of Shaker Square, Shaker Hts HS, the library, a Heinen's, Wholefoods, Target, and Aldi's, Canterbury Golf Club, Shaker Heights Thornton Park, Horseshoe Lake Park, and Nature Center At Shaker Lakes. Also nearby is John Carroll University and Case Western Reserve University! All 3 units are currently rented with wonderful, paying tenants who've been there over a year. One unit can be delivered vacant if requested by the buyer in case they would like to live in one unit and keep the others rented. This provides a unique opportunity to live for free and even collect some income! There is also a property management company in place that can be transitioned to the new buyer if they'd like. Lowest taxes in Shaker Hts Neighborhood!

Features

7 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2596 sq. ft. floor area
0.14 ac. lot size
Duplex

Property history for 3372 Sutton Road

2023
Rented
Undisclosed
12 Jan 2023 by Hi-Tech Realty, Ltd.
2022
Sold
$198,000
17 Jun 2022

Happy sellers in Shaker Heights

94%
94% of sellers in Shaker Heights reported that their sale price either exceeded or met their price expectations.

Shaker Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Shaker Heights over the last 12 months.

Local market activity for 7 bedroom duplexes in Shaker Heights

In the last 12 months, 5 seven-bedroom duplexes similar to 3372 Sutton Road, have been sold.

This represents a 43% increase in seven-bedroom duplexes sales when compared to the previous 12 months.

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