A neighborhood of two family houses. Close to rapid stop (1 block) and bus stop (1 block). Easy access to get to downtown and major hospitals. Van Aken shopping center is about a quarter mile walk. Thorton Park is about a 10 minute walk from the house. There you will find many activities, swimming pools, park and indoor ice rink. I purchased the home 12 years ago and have always had tenents until recently. The last tenent moved out 2 years ago. We have been occupying both apartments and keeping the extra one for guests when they visit. In the last 3 years I have redone the downstairs bathroom. The downstairs kitchen was redone and the upstairs was repainted and a new floor instaled. All of the wood floors have been redone upstairs and down. Both units have new furnaces replaced in 2005. The roof was also redone in 2005. Downstairs has new windows as of 2005 also. The basement is completely dry. One side is utility and the other side is a finished family room. The house is well maintained. It was a great house to own while I was trying to grow equity and have other people paying the mortgage. Both apartments should get you a market rent of $800-850 of rental income. There is an opportunity to make money even if the buyer/investor financed 100% of the purchase price of the home. Great home for a starter home, multi-family or just investment property. The City of Shaker Heights has great services and great school system.
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