Listed By
Agency Name: Russell Real Estate Services
Agency Contact: chriskilbanesells@gmail.com, 440-915-8257
Shown By
Agent Name: Kaszyca Real Estate
Agent Phone: (330) 353-5206
Agency Title: Cutler Real Estate
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Property Description
Stunning all-brick double, completely renovated and turnkey! Both spacious 2-bedroom, 1-bath units are tenant-occupied, providing immediate rental income from day one. Each unit features large living and dining rooms, updated kitchens with newer appliances, updated bathrooms, new flooring, fresh paint, and front and rear entrances. Each unit also includes its own garage space. The third floor offers excellent value-add potential and is already partially improved for possible conversion into a third income-producing unit. Much of the preliminary work has been completed, with plans/approvals and installation of a kitchen and bathroom still needed. Buyer to verify all requirements and approvals for conversion. Additional features include a shared basement with laundry and extra storage, two-car garage, upper and lower porches, and solid brick construction. With established tenants, strong in-place cash flow, and current rental income that exceeds the 1% rule at the asking price, this is an outstanding opportunity for investors seeking a turnkey, income-producing property with future upside.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Common Basement
Cooling: None
Days on Market: 4
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $2,254 / year
Year Built: 1914
Feature Descriptions
Exterior: Brick
Laundry: Common Area
Parcel#: 511-11-088
Parking: Garage, Off Street, Paved, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,270.12 per month $1,023.99 Principal & Interest $187.83 Property Tax $58.30 Homeowner's InsuranceChange Payment Information
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4308 Beta Avenue | MLS# 5208322
This multi-family property located at 4308 Beta Avenue, Newburgh Heights, OH 44105 is currently listed for sale with an asking price of $199,900. Beta Avenue is located within the Cleveland Municipal - 1809 school district. Search Newburgh Heights real estate on www.kaszycarealestate.com today.