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$205,000
New Listing

7511 Jeffries Avenue
Garfield Heights, OH 44105

For Sale|Duplex|Active
8
Beds
2
Total Baths
2
Full Baths
6,660
SqFt
$31
/SqFt
1949
Built
Subdivision:
Orchard Grove Allotment/G M Hick
County:
Cuyahoga
Call Now: (440) 496-7300
Is this the listing for you? We can help make it yours.
(440) 496-7300
7511 Jeffries Avenue7511 Jeffries Avenue7511 Jeffries Avenue7511 Jeffries Avenue
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Monthly Payment (Est.)

$935
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Attention investors!! Fully occupied duplex with oversized garages, receiving additional income! Raking in $3,850 per month (20% ROI!!), this property is the perfect addition to your portfolio. Unit A rented at $1,100, Unit B at $1,250, and garage spaces at $1,500 per month (long term tenant). Each residential unit has undergone a comprehensive renovation, including: Brand new flooring, fresh paint, updated light fixtures and modern hardware, refinished ceilings, complete kitchen, bath remodels, new furnaces & hot water tanks, updated electrical panels, newer sub pump, numerous newer windows. Exterior highlights include durable vinyl siding, private entrances, and a partially fenced backyard. The property also boasts a large parking lot, with two dedicated spaces per residential unit, and additional open land at the rear offering added privacy and space. Residential Unit B - 2 beds/ 1 bath. Unit A - 2 beds/1 bath) The commercial component consists of 3 garage bays leased together at $1,500/month on a new five-year lease beginning June 1 with 3% annual increases. The garage also includes a private office, the tenant-who has been occupying the space for over eight years-has expressed interest in staying on as PM for just $200/month. Each residential unit is separately metered, property will be delivered Point-of-Sale Compliant! Crushing a 20% cash on cash return, this is a highly desirable investment in a prime location!

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Listing Snapshot
Price 
$205,000
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
6,660 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.85 Acres
Year Built 
1949
MLS® Number 
5210254
Status 
Active
Property Tax 
$5,799
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
15 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.85
Garage 
Yes
Garage Spaces 
6
Levels 
One
Number Of Stories 
1
Parking 
Parking Lot
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
6660
Water Source 
Public
Interior Features
Basement 
PartialUnfinished
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
BrickVinyl Siding
Roof 
AsphaltFiberglass
Community Features
Financing Terms Available 
Cash
School District 
Cleveland Municipal - 1809
Township 
Garfield Heights
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Armani Adames of RE/MAX Above & Beyond



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Reviews

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EPIQUE REALTY

Tabatha Whewell | License ID: 2003018978

2

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