7601 WoosterParma, OH 44129

7601 WoosterParma, OH 44129

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$239,900 Active
Multi Unit - Multiple MLS 5230082 New to the Market
4 beds 2 full baths 2,312 sqft

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This well-maintained, cash-flowing duplex is an excellent opportunity for investors looking to add a strong income-producing property to their portfolio! Each unit features 2 bedrooms and 1 full bathroom, a spacious living room, a functional kitchen with an adjoining dining area, and access to a shared basement that offers additional storage and value-add potential. Both units also include a rear sunroom, providing extra living space for tenants to enjoy. The property is fully occupied, with the lower unit renting for $1,065 per month and the upper unit for $930 per month, both on month-to-month leases. The upper tenant also rents a basement room for an additional $90 per month, creating extra monthly income. Tenants pay their own gas and electric, while water and sewer are shared. Situated on a corner lot, this Cape Cod-style duplex features an enclosed front porch, detached 2-car garage, shared basement with washer and dryer hookups and a utility sink, plus separate furnaces and central A/C units for each apartment. Recent updates include luxury vinyl plank flooring and refinished hardwood floors in the lower unit, replacement hot water tanks, garage doors, kitchen appliances, replacement windows, masonry improvements, and a new front door. Conveniently located in Parma, just minutes from Evergreen Lake with easy access to I-480, this property is also close to shopping, restaurants, parks, schools, public transportation, and all local amenities, making it a fantastic turnkey investment. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're expanding your portfolio or purchasing your first multifamily investment, this turnkey income-producing property is one you won't want to miss. No wholesalers. No Seller financing. No low ball offers.

7601 Wooster | MLS# 5230082

This multi-family property located at 7601 Wooster, Parma, OH 44129 is currently listed for sale with an asking price of $239,900. Wooster is located within the Parma City school district. Search Parma real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Partially Finished
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,603 / year
Year Built: 1947

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 443-02-094
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Parma City

Demographics

Cuyahoga County Demographic Information for 7601 Wooster, Parma, OH 44129
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,599.11 per month $1,228.88 Principal & Interest $300.25 Property Tax $69.97 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage