Pat Fugate-DeVille
REALTOR®
BEDS4
BATHS2 full
SQUARE FEET2,200
MLS#5208322
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSouth End Realty Cos Washingt
SCHOOLCleveland Municipal - 1809
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
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
Days on Site: 1
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
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: chriskilbanesells@gmail.com, 440-915-8257
Shown By
Agent Name: Pat Fugate-DeVille
Agent Phone: (330) 495-4811
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 1,129.22 per month $883.08 Principal & Interest $187.83 Property Tax $58.30 Homeowner's InsuranceChange Payment Information
Pat Fugate-DeVille
Office: (330) 499-8153 ext. 128
Cell: (330) 495-4811
Fax: (330) 499-7127
For N. Canton Homes: (330) 495-4811
For Portage Lake Properties: (330) 644-0628
For Akron Properties: (330) 644-0628
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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 pfugate.dehoff.com today.