Cleveland, OH 44112,1863 Reyburn RD
Cleveland, OH 44112,1863 Reyburn RD
Cleveland, OH 44112,1863 Reyburn RD
$53,000
Est. payment /mo
$55,000
3.6%
Est.Price: ?

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4 Beds
2 Baths
4,151 SqFt
SOLD DATE : 04/05/2024

Key Details

Sold Price $53,000

Property Type 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

Sold Date 04/05/24

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 3,013

Year Built 1918

Annual Tax Amount $686

Tax Year 2022

Lot Size 4,791 Sqft

Acres 0.11

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

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry None

Exterior

Garage Garage, Paved, Private

Garage Spaces 2.0

Garage Description 2.0

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 117-16-054

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Financing Cash

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Listed by Gregory Erlanger • Keller Williams Citywide • Info@EZSalesTeam.com 216-916-7778
Bought with Gregory Erlanger • Keller Williams Citywide
Justin Carroll

REALTOR / Team Lead | License ID: C2015004696

+1(330) 705-3640 | justin@jcsells.com

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