3633 Cedarbrook Road , University Heights, OH 44118

$289,900
  • 3633 Cedarbrook Road , University Heights, OH 44118 Main Photo
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New to the Market Active
BEDS6 BATHS2 full 2 partial SQUARE FEET2,552 MLS#5247878
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRapid Transit Land Companys S SCHOOLCleveland Hts-Univer - 1810

Property Description

Excellent investment opportunity in University Heights generating $2,795 in monthly rental income! Located on the corner of Cedarbrook Road and Brockway Road, this spacious side-by-side double offers an attractive combination of strong rental income, generous living space, and the character of an established University Heights neighborhood. Featuring a total of six bedrooms, two full bathrooms, and approximately 2,552 square feet of living space, this classic 1930 property offers the advantages of side-by-side living, with each residence enjoying its own front porch. The side-by-side configuration provides a greater sense of separation and privacy than a traditional up-and-down duplex, making it especially appealing to tenants. Additional features include hardwood flooring, a full basement, and a substantial detached four-car garage-an uncommon and valuable amenity for a two-family property. Currently generating $2,795 per month, or $33,540 in annual gross rental income, this property offers an excellent opportunity for investors seeking an established income stream. Two residences under one roof provide flexibility, with the potential to continue renting both units or eventually occupy one side while collecting income from the other. Conveniently located near shopping, restaurants, parks, schools, universities, and the many amenities of Cleveland's East Side, this property combines a desirable residential setting with convenient access to surrounding communities. Whether you're adding to an established investment portfolio, purchasing your first rental property, or looking for a home that can help offset your living expenses, 3633 Cedarbrook Road delivers a compelling combination of location, space, versatility, and income. A side-by-side double with four garage spaces and $33,540 in annual gross rental income is an opportunity worth exploring!

3633 Cedarbrook Road | MLS# 5247878

This multi-family property located at 3633 Cedarbrook Road , University Heights, OH 44118 is currently listed for sale with an asking price of $289,900. Cedarbrook Road is located within the Cleveland Hts-Univer - 1810 school district. Search University Heights real estate on www.kikorealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 3
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $5,873 / year
Year Built: 1930

Amenities

Built-in Features

Feature Descriptions

Appliances: Range, Refrigerator
Exterior: Clapboard
Laundry: In Basement
Parcel#: 722-02-101
Parking: Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Hts-Univer - 1810

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: scott@thecarpentergrouphomes.com, 216-616-7898

Shown By

Agency Title: KIKO Real Estate
Agency Phone: (800) 533-5456

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Estimated Payment

$ 1,219.16 per month $645.19 Principal & Interest $489.42 Property Tax $84.55 Homeowner's Insurance

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