$175,000

3946 E 54th Street, Newburgh Heights, OH 44105

4 beds |
2 baths

Duplex
Built in 1905
3,681sqft lot
—— car garage
$——/sqft
Listed 24 days ago

Property Description

Excellent Investment Opportunity in Newburgh Heights! Not only is it well maintained throughout its life, but it is on a charming street corner with a large back yard and garage! This fully tenant-occupied (one long-term) duplex is a cash-flowing asset from day one, perfect for investors seeking immediate returns. The up two 2-bedroom, 1-bath units has been updated with brand-new appliances, including a stove and refrigerator, enhancing tenant satisfaction and reducing near-term maintenance costs. Laundry is conveniently located in the basement with a washer and dryer provided. Situated in the historic and peaceful village of Newburgh Heights, this property offers tenants a desirable community with a low cost of living. The neighborhood's prime location provides easy access to major highways, putting tenants just minutes from the amenities of Downtown Cleveland while enjoying a quieter, suburban feel. For investors, Newburgh Heights represents a stable and appreciating market; home values in the area have seen a significant increase over the past year, and the rental market is considered hot with rising demand. This duplex is a solid choice to begin or expand your portfolio, combining the benefits of a turnkey, income-producing property with the long-term growth potential of a well-positioned community.

Listing Status:: Active
Listing Office:: Keller Williams Citywide : 440-892-2211
Listing Agent:: Christine Barkan : 216-744-4658
MLS ID:: 5170721

Basement: Unfinished
A/C: None
Heating: Forced Air

Parking: DetachedGarage

Roofing: AsphaltShingle
General: Aluminum SidingVinyl Siding2

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 312 SERCO 0071 EP511-16-064

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Christine Barkan, Keller Williams Citywide

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Albert Bushnell Hart School

3900 E 75th St, Cleveland, OH, 44105

Grades KG-8

0.83 miles away

Albert Bushnell Hart School

3900 E 75th St, Cleveland, OH, 44105

Grades KG-8

0.83 miles away

John Adams College and Career Academy

3817 Martin Luther King Jr Dr, Cleveland, OH, 44105

Grades 9-12

2.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.