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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

    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.

    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#: 4491479MLS LogoOriginating 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
    Services availability