Cleveland, OH 44109,4301 Archwood AVE
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Cleveland, OH 44109,4301 Archwood AVE
Cleveland, OH 44109,4301 Archwood AVE
Cleveland, OH 44109,4301 Archwood AVE
Cleveland, OH 44109,4301 Archwood AVE

$350,000

Est. payment /mo

$350,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4301 Archwood AVE Cleveland, OH 44109

8 Beds

4 Baths

6,400 SqFt

SOLD DATE : 02/27/2024

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $54

Subdivision Bateman & Ingham Allotment

MLS Listing ID 5008281

Sold Date 02/27/24

Bedrooms 8

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 4,800

Year Built 1910

Annual Tax Amount $4,407

Tax Year 2022

Lot Size 0.255 Acres

Acres 0.2549

Property Sub-Type Quadruplex

Property Description

Welcome to an exceptional investment opportunity in the heart of Cleveland, Ohio! This fully occupied four-unit Lead Safe Certified building is a cash-producing gem that promises immediate returns on your investment. Boasting a prime location, private parking, and state-of-the-art mechanicals, this turnkey property is a savvy investor's dream.

Key Features:
Fully Occupied: This four-unit building is currently fully occupied, ensuring a steady stream of income from day one. Take advantage of a stable tenant base and start reaping the rewards of your investment immediately.

Private Parking: Convenience meets value with private parking available on-site. Your tenants will appreciate the ease of parking, enhancing the overall appeal of the property.

Newer Mechanicals: Enjoy peace of mind with all-new mechanical systems. The building is equipped with the latest in HVAC, plumbing, and electrical systems, minimizing maintenance costs and ensuring a hassle-free ownership experience.

Turnkey Investment: This property is turnkey, meaning it's ready for you to step in and start generating income. With all the essentials in place, you can focus on maximizing returns without the headaches of extensive renovations.

Cash Flow: With a fully occupied building, private parking, and updated mechanicals, this property is a cash cow. Capitalize on the robust rental market in Cleveland and watch your investment grow.

Updated and Upgraded: Reach out for a comprehensive list of recent updates and upgrades to the building. From interior enhancements to exterior improvements, this property has been meticulously maintained to meet the highest standards.

Don't miss out on this prime opportunity to add a cash-producing, fully occupied four-unit building to your investment portfolio. Contact us today for a comprehensive list of Upgrades and Updates and Rent Rolls. Act fast, as properties like these are in high demand in the thriving Cleveland real estate market!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Walk-Out Access

Interior

Heating Forced Air

Cooling None

Fireplace No

Window Features ENERGY STAR Qualified Windows,Insulated Windows,Screens,Wood Frames

Laundry Inside, In Unit

Exterior

Exterior Feature Awning(s), Balcony, Courtyard, Private Entrance

Parking Features Asphalt, Common, Paved

Fence Back Yard

Water Access Desc Public

Roof Type Flat

Porch Balcony

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 015-21-027

Security Features Smoke Detector(s)

Financing VA

Special Listing Condition Standard

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Listed by Armando Galvez • RE/MAX Above & Beyond • 440-668-6746
Bought with Marlene Bloomfield • Cutler Real Estate
agent

Alex Nikolic

Agent

+1(440) 521-5565

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