BEDS4
BATHS1 full 1 partial
SQUARE FEET1,800
MLS#5219773
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBerea City
Property Description
Nestled in Berea's highly picturesque Century Home Garden District & its distinguished showcase of architecturally alluring homes is an intriguing investment opportunity that rarely presents itself: 3 INSEPARABLE STRUCTURES that are profitable as investments or perhaps as a family estate inviting multi-generational living with the privacy of separate dwellings. First, detailed in this listing, is 15 Grand Street, a classic 4BR, 1.5BA craftsman style bungalow w/generously appointed rooms and exuding charm galore. Included in the same parcel is a SECOND STRUCTURE: the substantial detached 5-car heated garage with generous overflow workshop space+second floor storage loft. The THIRD STRUCTURE, separately parceled but inseparable from 15 Grand is 11 Grand: a historic 2-family residence with both stately period details as well as showcasing two new kitchens, new flooring, fresh painting and new tear-off roof, new siding & new gutters. Inseparable per the City of Berea, these properties have scarcely experienced vacancy as they are rented from one school year to the next by B.W. students who are a short walk to all college & city amenities as the landlord enjoys uninterrupted cash flow from parent-signed leases. Each property with respective leases is detailed in the supplements. Garages are vacant/excluded from lease. Famous as an endearing town with a pedestrian-friendly 'public promenade by which to enjoy shops, dining and so much more, 15 Grand / 11 Grand - with its many capital improvements, close proximity to Baldwin Wallace and the Berea Triangle, and inclusion in the highly desirable Century Home Garden District, make this a golden opportunity for investors and owner occupants alike! NOTE THIS LISTING COMBINES INCOME AND ANNUAL TAXES FOR BOTH 11 AND 15 GRAND, BUT DETAILS ONLY 15 GRAND. 11 GRAND, separately parceled as 364-05-017 and inseparable from the sale of 15 Grand, is detailed in the supplements.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Bath/Stubbed, Storage Space, Unfinished
Basement: Yes
Cooling: Central Air, Ceiling Fan(s)
Garage: 5
Heating: Forced Air, Gas
Lot Size: 0.22 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $9,884 / year
Year Built: 1925
Amenities
Wet Bar
Built-in Features
Ceiling Fan(s)
Crown Molding
Eat-in Kitchen
His and Hers Closets
Multiple Closets
Storage
Natural Woodwork
Private Yard
Feature Descriptions
Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Community Features: Common Grounds/Area, Fitness Center, Medical Service, Playground, Park, Restaurant, Shopping, Street Lights, Sidewalks, Tennis Court(s)
Exterior: Aluminum Siding, Vinyl Siding
Fencing: Chain Link, Wood
Laundry: Common Area, In Basement
Lot: Flat, Front Yard, Level
Parcel#: 364-05-018
Parking: Assigned, Detached, Garage, Paved
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
View: City
Water: Public
Window: Double Pane Windows
Local Schools
School District: Berea City
Listed By / Shown By
Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: ccarpadis@remax.net, 216-215-4232
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
Estimate Your Payment
Estimated Payment
$ 2,056.86 per month $1,090.31 Principal & Interest $823.67 Property Tax $142.89 Homeowner's Insurance
15 Grand Street | MLS# 5219773
This multi-family property located at 15 Grand Street , Berea, OH 44017 is currently listed for sale with an asking price of $489,900. Grand Street is located within the Berea City school district. Search Berea real estate on www.mcrealestateohio.com today.