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4017 E 54th Street, Newburgh Heights, OH 44105

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For Sale

$159,900

5 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 5171207

Courtesy Of B2B Realty

(216) 465-4011

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Cooling System
    Ceiling Fan(s)
  • Heating System
    Forced Air
  • Lot Size
    0.11 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 4017 E 54th Street, Newburgh Heights, OH 44105

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.