1477 Genesee RD Active Save Request In-Person Tour Request Virtual Tour
South Euclid,OH 44121
Key Details
Property Type Single Family Home
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,247 sqft
Price per Sqft $76
Subdivision Oak Terrace
MLS Listing ID 5165699
Bedrooms 5
Full Baths 3
Half Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,247
Total Fin. Sqft 3247
Year Built 1923
Annual Tax Amount $6,501
Tax Year 2023
Lot Size 6,499 Sqft
Acres 0.1492
Property Sub-Type Triplex
Property Description
Well maintained, thoroughly renovated, fully occupied and cash flowing, turnkey South Euclid triplex. The owner has spared no expense and invested in excess of $80,000 renovating this property, including new modern kitchens in all units with stainless steel appliances, a full modern remodel of the first floor bathroom and minor remodels of the second and third floor bathrooms, refinished original hardwood floors on the first floor and LVP flooring on the second and third floors, new lighting throughout, extensive plumbing updates, newer hot water tanks, repair and repainting of all walls and trim, replacement vinyl windows, interior doors replaced or sanded and painted, glass block basement windows, basement walls painted water barrier paint, and separate laundry hookups plumbed for each unit. First floor unit is 2 bedrooms, 1 bathroom, and rented to a long term tenant for $945/month through August 2026. Second floor unit is 2 bedrooms, 1 bathroom, and rented for $905/month through July 2025. Third floor unit is 1 bedroom, 1 bathroom, and rented to a long term tenant through April 2026. Total rents are $2.690. Each unit is separately metered for gas and electric and tenants pay all their own utilities, including a reimbursement for water and sewer usage. All units have access to the unfinished basement for storage and three separate laundry hookups. There's a 3 car detached garage with one space assigned to each unit. The property is under professional management who can stay in place if the new owner so wishes. This rare suburban triplex is is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. No seller financing, no wholesalers, no assignment clauses; offers with these terms will be ignored. A video tour is available in the video tour section for a upon request via email to the broker.
Location
State OH
County Cuyahoga
Rooms
Basement Full,Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Range,Refrigerator
Laundry Common Area
Exterior
Parking Features Detached,Garage
Garage Spaces 3.0
Garage Description 3.0
Water Access Desc Public
Roof Type Asphalt
Garage true
Private Pool No
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District South Euclid-Lyndhurst - 1829
Others
Tax ID 704-01-048
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional