1863 Reyburn Road, Cleveland, OH 44112

$53,000
4
BD
2
BA
4,151
SqFt

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Sold Price
$53,000
List Price
$55,000
Status
CLOSED
Days on Market
37
Closing Date
Apr 05, 2024
MLS#
5020655
Subtype
Residential Income
Year Built
1918
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
4,151
Acres
0.11
Subdivision
Colonial Heights 02
Neighborhood
Colonial Heights 02
MLS Area Major
Cleveland

Property Description

This huge duplex offers 2 units each with 2bed/ 1 bath and over 1100 sq ft of space. It's currently fully vacant and would make for a perfect sec 8 investment. The best way to create strong cash flow is to purchase at low price and put in some sweat equity. This multifamily offers you the perfect opportunity to do just that. There are new cabinets in the lower unit and some love needed throughout. Nothing you can't handle though. Market rent is around $850 for each unit (even more possible through Sec 8 type programs) It's located near all public transportation and tenants will love being close to everything the Waterloo arts district has to offer. Plus shopping and eating at Severance center or Coventry Village in Cleveland Heights is just around the corner. Showings are easy so schedule today.

Additional Information

Taxes
$686
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Garage, Paved, Private
Garage Spaces
2
School District
Cleveland Municipal - 1809

Listing Courtesy of: Gregory Erlanger, Info@EZSalesTeam.com With Keller Williams Citywide

Selling Office: Keller Williams Citywide.

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