Homes for sale - 2189 Rexwood RD, Cleveland Heights, OH 44118

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Dawn Semancik

dawnsemancikhomes@gmail.com +1(216) 650-0746

$430,000

Est. payment - /mo

7 Beds

3 Baths

3,277 SqFt

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UPDATED:

01/25/2025 04:27 PM

Key Details

Property Type Multi-Family

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

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

Private Pool No

Building

Story 3

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

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Listed by Sophie Boehlen • Premier Heights Realty LLC • 216-860-0005 sophie@premierheights.com

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Dawn Semancik

+1(216) 650-0746

Team Leader | License ID: SAL.2016005292

Team Leader License ID: SAL.2016005292

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2189 Rexwood RD Cleveland Heights, OH 44118

Dawn Semancik

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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