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Listed By
Agency Name: Howard Hanna
Agency Contact: JamesMiller@HowardHanna.com, 440-222-0403
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
An exceptional income opportunity awaits with this fully updated two-family property delivering a strong 7.2% cap rate?while also offering the flexibility to live in one unit and have the other help offset your expenses; both units feature newer flooring, cabinets, countertops, and lighting, and include dishwashers, refrigerators, and ranges for a true turnkey experience; the upper unit includes a large walk-up attic with potential to be finished for additional living space and increased income; major mechanical updates include HVAC, electrical, and plumbing, helping minimize future expenses, and the property is lead paint abated and certified for added peace of mind; exterior highlights include a fenced yard, large covered front porch, and walk-out balcony enhancing tenant appeal and livability; ideally located near a hospital, shopping, parks, and major interstates, offering strong rental demand and convenience; turnkey condition, solid returns, and value-add potential whether expanding your portfolio or securing a place to call home with income built in. 48 hour notice to show.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Days on Market: 4
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,287 / year
Year Built: 1918
Amenities
Other
Feature Descriptions
Exterior: Frame
Parcel#: 013-27-030
Parking: Driveway, On Site
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,824.47 per month $1,466.41 Principal & Interest $273.92 Property Tax $84.15 Homeowner's InsuranceChange Payment Information
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4370 W 48th Street | MLS# 5204460
This multi-family property located at 4370 W 48th Street, Cleveland, OH 44144 is currently listed for sale with an asking price of $288,500. W 48th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.leahackerman.com today.