Property photo 1
43 photos
ActiveMLS# 522951282 days on market

$335,000

3823-3827 Richlawn Road

Richfield, OH 44286

4 BD|2 BA|1,755 SQFT|$190.88/sqft

About This Property

Wow! Opportunities like this are scarce in Richfield, where multi-family properties rarely hit the market. Fully occupied and currently generating $2,400 per month in rental income, this brick ranch-style duplex is an excellent opportunity from day one. The left-side unit is completely turnkey and has been extensively updated with more than $40,000 in improvements. In addition to practical upgrades such as new windows, a new water heater, and installing A/C, this recently renovated unit has luxury features such as granite countertops and a custom shower. Ask your Realtor for the full list of updates! The right-side unit is also in great condition, making this a truly low-maintenance investment. Both tenants are month-to-month, offering investors the security of existing tenants while maintaining flexibility for future rent adjustments or other long-term plans. Located within the award winning Revere School District, this property is a great choice for those whose investment goals are centered around long term appreciation and building equity. When opportunity knocks, you answer the door! (Note: The photos of the remodeled unit were taken prior to the current tenant moving in.)

Property Details

Property TypeSingle Family
Year Built1961
Lot Size27,443 sqft
Stories1
Price / Sqft$190.88
Days on Market82
MLS Number5229512

Noreen Kaseda

Sales Associate

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Est. Monthly Payment

$2,015

P&I: $1,694 | Tax: $237 | Insurance: $84

$335,000
%
%
Loan Amount$268,000
Down Payment$67,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

3823-3827 Richlawn Road, Richfield, OH 44286

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