Discover a prime investment opportunity with this recently updated turnkey condo in the desirable Myles Landing community. This property boasts fresh paint, new vinyl flooring, updated carpeting, and refreshed kitchen and bathroom finishes, alongside a new hot water heater. Currently leased to a market rate tenant at $1,050 per month under an annual lease expiring 7/31/2025, this condo offers a remarkable chance for a hands-off rental investment with an impressive cap rate exceeding 11%. Don't miss out on this lucrative addition to your real estate portfolio!
Sold for $55,000 on 09/20/24
$55,000
23878 Banbury Cir APT 3, Warrensville Heights, OH 44128
2beds
1,116sqft
Condominium
Built in 1963
-- sqft lot
$67,500 Zestimate®
$49/sqft
$1,145 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 27, 2024 at 12:14pm
Listing Provided by:
Tal Tamir tal@premierclevelandinvesting.com216-870-8687,
Russell Real Estate Services
Bought with:
Iris Wheeler, 2021002542
Premier Heights Realty LLC
Source: MLS Now,MLS#: 5060299
Originating MLS: Akron Cleveland Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,116
- Total interior livable area: 1,116 sqft
- Finished area above ground: 1,116
Property
Parking
- Parking features: On Site, Paved
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 76317419
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Warrensville Heights
- Subdivision: Banbury Village Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $125 monthly
- Services included: Association Management, Insurance, Maintenance Grounds, Maintenance Structure
- Association name: Banbury Village
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
Services availability

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