$159,900

4017 E 54th Street, Newburgh Heights, OH 44105

5 beds |
2 baths

Duplex
Built in 1917
4,800sqft lot
2 car garage
$——/sqft
Listed 25 days ago

Property Description

Looking for your next investment property or possibly house hacking your way into homeownership? This home is the perfect choice. This large duplex is currently 100% occupied and grossing $1,980/month! This property offer instant profits from day 1 and is a cash cow! One of the tenants is on a CMHA voucher offering guaranteed rent! The first floor 2 bed / 1 bath unit has been beautifully updated and has a tenant who stays clean and maintains their unit. The second floor 2 bed / 1 bath unit comes with private access to the huge attic. The attic is currently used for storage but could easily be converted to a finished area for additional bedrooms and living area. Finishing the attic would offer increased rental income and added property value! Both units feature large modern kitchens with appliances, updated bathrooms with incredible finishes, and new flooring. There have also been many capital improvements including a new furnace, two hot water tanks, two electrical panels, and PVC plumbing. The 2-car detached garage was built in 2020! This could be rented out as additional private storage to the tenants. This property features private access to the basement giving you the option ensure your furnaces, hot water tanks and electrical panels are safe and secure. Not only is the property solid it is also located in a central area just 5 minutes from Washington Park and 10 minutes to downtown Cleveland, this up-and-down duplex offers an excellent combination of location, stability, and upside.

Listing Status:: Active
Listing Office:: B2B Realty : 216-465-4011
Listing Agent:: Kevin Hoag : 216-401-4412
MLS ID:: 5171207

Basement: Full
A/C: Ceiling Fan(s)
Heating: Forced Air

Parking: DrivewayDetachedGarage

Roofing: Asphalt
General: Aluminum Siding2

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

Zoning: 312 SERCO 0085 ALL511-16-082

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Kevin Hoag, B2B Realty

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

2.61 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.