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1863 Reyburn RD Cleveland, OH 44112
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Key Details
Sold Price $53,000
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,151 sqft
Price per Sqft $12
Subdivision Colonial Heights 02
MLS Listing ID 5020655
Bedrooms 4
Full Baths 2
Year Built 1918
Annual Tax Amount $686
Tax Year 2022
Lot Size 4,791 Sqft
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.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Laundry None
Exterior
Parking Features Garage, Paved, Private
Garage Spaces 2.0
Garage Description 2.0
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
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Bought with Gregory Erlanger • Keller Williams Citywide