Newburgh Heights, OH 44105,3966 E 42nd ST
Newburgh Heights, OH 44105,3966 E 42nd ST
Newburgh Heights, OH 44105,3966 E 42nd ST
35
$185,000
$199,900
7.5%
Est.Price: ?

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8,400 SqFt

3966 E 42nd ST Newburgh Heights, OH 44105

Est. payment /mo
SOLD DATE : 07/29/2021

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Key Details

Sold Price $185,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 8,400 sqft

Price per Sqft $22

Subdivision Urban Realty Companys

MLS Listing ID 4297424

Sold Date 07/29/21

HOA Y/N No

Abv Grd Liv Area 8,400

Total Fin. Sqft 8400

Year Built 1922

Annual Tax Amount $5,534

Lot Size 4,438 Sqft

Acres 0.1019

Property Sub-Type Mixed Use

Property Description

5 unit commercial building in the heart of Newburgh Heights. The building is mixed use, fully occupied but under rented. The property consists of three residential units and two store fronts. The first unit is a 4 bed/2 bath (2000 sqft) rented at $800 a month. There are two 2bed/1 bath units that are 1,000 sq ft each, both rented at $500 a month. The first store front unit is occupied by a strong performing pizza shop that was fully remodeled three years ago. The pizza shop rents is $500 a month. The second store front is a community center that has been there since 1978. That unit is collection $475 a month. There are four attached garages available for tenants. Mechanicals are in good shape. All tenants are on month to month leases. Rents can be raised with proper notice. Owner pays water,sewer,taxes,and insurance. Property is currently self managed by seller.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Exterior

Water Access Desc Public

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 511-08-057

Financing Cash

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VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Bryan Burke • Lokal Real Estate, LLC.
Bought with Darren T Mancuso • RE/MAX Crossroads Properties

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Tabatha Whewell

Tabatha Whewell

Agent | License ID: 2003018978

+1(216) 978-7933

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