Completely rehabbed fourplex on the west side of Cleveland! This 4-unit property has been renovated from top to bottom including brand new and upgraded electrical service, two new furnaces, two new hot water tanks, newer roof, and full interior cosmetic renovations in each of the four units. The interiors have been updated with vinyl plank, new carpet, fresh paint, and many kitchen and bath updates. This is the perfect multifamily investment for a new or seasoned investor looking for high cash on cash returns and the ability to walk into a property and start leasing immediately. One unit is currently leased for $800/month on an annual lease expiring 8/2024 (private pay). Each unit can easily be leased for $850/month which means this property can gross $3,400/month once fully occupied! Laundry hook-ups in the basement. Tenants also pay their own electric and gas, and the landlord is responsible for water/sewer.
Sold for $400,000 on 03/04/24
$400,000
4420 Bush Ave, Cleveland, OH 44109
8beds
3,072sqft
Quadruplex, Multi Family
Built in 1890
-- sqft lot
$333,500 Zestimate®
$130/sqft
$1,093 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 09, 2023 at 04:18pm
Listing Provided by:
Tal Tamir tal@premierclevelandinvesting.com(216)870-8687,
Russell Real Estate Services
Bought with:
Ryan McCullough, 2016000269
RE/MAX Above & Beyond
Source: MLS Now,MLS#: 4491479
Originating MLS: Akron Cleveland Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: None
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
- Finished area above ground: 3,072
Property
Parking
- Parking features: No Garage, None
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 01624092
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Other
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1890
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Trade,VA Loan