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  • $350,000

    4301 Archwood Ave, Cleveland, OH 44109

    8beds
    6,400sqft
    Quadruplex, Multi Family
    Built in 1910
    -- sqft lot
    $406,300 Zestimate®
    $55/sqft
    $776 Estimated rent

    Home value

    $406,300

    $366,000 - $451,000

    $776/mo

    Zestimate® history
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    Owner options

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    $776/mo

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    $776/mo

    Rent Zestimate®

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    $2,466/mo

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    $2,466/mo

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    What's special

    Private parkingState-of-the-art mechanicalsNewer mechanicals
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Armando Galvez 440-668-6746,

    RE/MAX Above & Beyond

    Bought with:

    Marlene Bloomfield, 2016001424

    Cutler Real Estate

    Source: MLS Now,MLS#: 5008281MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Inside, In Unit
    Features
    • Windows: ENERGY STAR Qualified Windows, Insulated Windows, Screens, Wood Frames
    • Basement: Full,Walk-Out Access
    Interior area
    • Total structure area: 6,400
    • Total interior livable area: 6,400 sqft
    • Finished area above ground: 4,800
    • Finished area below ground: 1,600

    Property

    Parking
    • Parking features: Asphalt, Common, Paved
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Awning(s), Balcony, Courtyard, Private Entrance
    • Fencing: Back Yard
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 01521027
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick, Stone
    • Roof: Flat
    Condition
    • Updated/Remodeled
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Bateman & Ingham Allotment
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $55/sqft
    • Annual tax amount: $4,407
    • Date on market: 12/24/2023
    • Cumulative days on market: 15 days
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    2/27/2024Sold$350,000$55/sqft
    Source: MLS Now #5008281 Report a problem
    12/29/2023Pending sale$350,000$55/sqft
    Source: MLS Now #5008281 Report a problem
    12/24/2023Listed for sale$350,000$55/sqft
    Source: MLS Now #5008281 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Brooklyn Centre

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal - 1809

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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