1520 E 108th ST Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44106
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,947 sqft
Price per Sqft $114
Subdivision Wade Park
MLS Listing ID 5094353
Style Colonial
Bedrooms 7
Full Baths 2
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,411
Total Fin. Sqft 3947
Year Built 1930
Annual Tax Amount $8,323
Tax Year 2024
Lot Size 9,308 Sqft
Acres 0.2137
Property Sub-Type Single Family Residence
Property Description
Student housing near Case Western Reserve University. Investors looking for the perfect property for student housing, look no further! This solid house with 7 bedrooms can easily be rented between $650-800 a room (plus cost of utilities), easily generating $54-65K annually. The basement could have additional bedrooms and bathroom. Valuable off-street parking with 2-car garage! Current owner pays $1300 annually for insurance and $800 for yard care. Tenants reimburse ALL utilities... keeping overhead costs low. And if you are looking for a stately home to refinish and make your own, this could be a stunning property! Additional features include a large covered porch, as well as a second floor sun deck. The garage has an unfinished upstairs that could be converted into a home office. Property is leased through 5.31.25 for $4300/month + all utilities. The flat roof needs to be repaired (2 sections and rear gutter = $5850 + $2100 for new railings) Seller is also selling 1504 E 107 (furnished student housing) + 2075 Coventry (triplex) + 2189 Rexwood (triplex).
Location
State OH
County Cuyahoga
Rooms
Basement Full,Partially Finished
Main Level Bedrooms 1
Interior
Heating Hot Water,Steam
Cooling None
Fireplaces Number 2
Fireplace Yes
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 Two,Three Or More
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two,Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 120-15-031
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange