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Tim Damiano

damisoldit@yahoo.com +1(216) 215-6589

$ 375,000

Est. payment -/mo

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Active Under Contract

19208 Chagrin Shaker Heights, OH 44122

6 Beds

4 Baths

9,147 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Van Sweringen Company'S

MLS Listing ID 5252229

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1941

Annual Tax Amount $9,342

Tax Year 2025

Contingent Other See Remarks

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Duplex

Property Description

INVESTORS. Turnkey two-family in Shaker Heights, walking distance to the Van Aken District. One unit rented, one vacant, and priced to sell. Classic brick colonial with a sided extension on a tree lined corner lot. Each unit has its own street address and its own front entrance on a different street, the upper off Chagrin and the lower off Storer. Separate addresses keep leases, mail, and utility accounts cleanly divided, and tenants come and go without crossing paths at the front door. A rear hallway, back stairs, back door, and basement are shared. The lower unit is a fully remodeled 3 bedroom, 1.5 bath. The upper is a newly updated 3 bedroom with 2 full baths. Both offer spacious living areas, fireplaces, and hardwood floors throughout, plus a 3 car garage and generous storage. Each unit has its own laundry in the shared basement, which also holds a large bonus room ready to become an office, gym, or rec space. Walkable addresses near Van Aken, steps from the restaurants, market hall, and shops, draw professional tenants and cut vacancy days. Gas and electric are separately metered, so the owner's only recurring utility expense is water and sewer as the tenants pay Gas and Electric. The property will be Point of Sale compliant at closing. The lower unit is rented at $1,700 per month to a reliable, in place tenant. That is income from day one and roughly $300 under market, as comparable Shaker 3 bedrooms with 1 to 1.5 baths lease near $2,000. The upper unit, with its second full bath, is vacant and move in ready, and comparable 2 bath units near Van Aken support $2,200. That projects about $3,900 per month today, or roughly $4,200 per month and $50,400 annually once the lower unit resets. One vacancy to lease at market, one under rented unit to raise, and two full 3 bedroom units that draw long term family tenants rather than annual churn. Separate addresses, separate front entrances, separate systems, separate meters. Schedule your showing before it is gone.

Location

State OH

County Cuyahoga

Community Common Grounds/Area, Fitness Center, Golf, Medical Service, Playground, Park, Shopping, Tennis Court(S)

Rooms

Basement Unfinished

Interior

Interior Features Bookcases, Natural Woodwork

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Laundry In Basement

Exterior

Parking Features Detached, Garage

Garage Spaces 3.0

Garage Description 3.0

Community Features Common Grounds/Area, Fitness Center, Golf, Medical Service, Playground, Park, Shopping, Tennis Court(s)

View Y/N Yes

Water Access Desc Public

View Trees/Woods

Roof Type Slate

Accessibility None

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Shaker Heights Csd - 1827

Others

Tax ID 736-23-029

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Cielo McClain • Keller Williams Citywide • Cielo@CieloBlueCielo.com, 440-662-3704

Tim Damiano

Agent

+1(216) 215-6589

Tim Damiano

19208 Chagrin Shaker Heights, OH 44122

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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19208 Chagrin