4017 E 54th ST new Save Request In-Person Tour Request Virtual Tour
Newburgh Heights,OH 44105
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision South End Realty Co East 55Th
MLS Listing ID 5171207
Bedrooms 5
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1917
Annual Tax Amount $2,748
Tax Year 2024
Lot Size 4,800 Sqft
Acres 0.1102
Property Sub-Type Duplex
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.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features Driveway,Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 511-16-082