$55,000
$59,900
8.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,116 SqFt
SOLD DATE : 12/23/2024
Key Details
Sold Price $55,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,116 sqft
Price per Sqft $49
Subdivision Banbury Village Condo
MLS Listing ID 5084190
Sold Date 12/23/24
Style Multiplex
Bedrooms 2
Full Baths 1
Half Baths 1
Construction Status Updated/Remodeled
HOA Fees $125/mo
HOA Y/N Yes
Abv Grd Liv Area 1,116
Year Built 1963
Annual Tax Amount $901
Tax Year 2023
Property Description
Discover a prime investment opportunity with this turnkey condo in the desirable Myles Landing community. This property boasts fresh paint, refinished hardwood flooring on the second floor, updated carpeting on the first, and refreshed kitchen and bathroom finishes, alongside solid mechanicals. Currently being marketed for rent at $1,050 per month, this condo offers a remarkable chance for a hands-off rental investment with an impressive cap rate exceeding 12% once occupied. Don't miss out on this lucrative addition to your real estate portfolio!
Location
State OH
County Cuyahoga
Rooms
Basement None
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Laundry Room
Exterior
Parking Features On Site, Paved
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Multiplex
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Warrensville Heights - 1831
Others
HOA Name Banbury Village
HOA Fee Include Association Management,Insurance,Maintenance Grounds,Maintenance Structure
Tax ID 763-17-453
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Tal Tamir • Russell Real Estate Services
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