Welcome to this renovated

3/4 occupied 4-unit investment property that is collecting $2900 a month in rent with an estimated $4000 in monthly rent when fully occupied! All four units were renovated in March of 2023 and com with 2 bedrooms and 1 full bathroom. Updates from March 2023 includes: Brand new asphalt roof, new flooring, new cabinets, renovations to the bathrooms and kitchens, new painting throughout, new windows, 4 new furnaces, 4 new hot water tanks, updated electric and more.

Available washer and electric dryer hook ups. Close to downtown, the highway, restaurants, shops and more. Only the front up unit and basement will be available for showing. Please don't disturb the tenants.

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on 4518 McGregor Ave
in Newburgh Heights, OH
Presented by Paul King at
Keller Williams Greater Metropolitan Realty.


Property MLS #5040410 from MLSNOW
▶ Virtual Tour

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

+ Appliances

Range
Refrigerator
Laundry Features: WasherHookup, ElectricDryerHookup

+ Heating and Cooling

Heating Features: ForcedAir, Gas
Heating: Yes

+ Other Rooms

Basement Description: Full, Unfinished

+ Land Info

Lot Size Acres: 0.1837
Lot Size Source: PublicRecords
Lot Size Square Feet: 8002

+ Garage and Parking

Garage Spaces: 4
Parking Features: Driveway, Garage, OnStreet

+ Home Features

View: Neighborhood
Security Features: SmokeDetectors

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1

+ School Information

Elementary School District: Cleveland Municipal - 1809
High School District: Cleveland Municipal - 1809
Middle or Junior School District: Cleveland Municipal - 1809
+ Display Complete School Details

Thomas Jefferson School is a public elementary, middle and high school located approximately 3.3 miles away.
Map directions

St. John Nepomucene School is a private elementary and middle school located approximately 0.5 miles away.
Map directions

+ Rental Info

Tenant Pays: Electricity, Gas

+ Other Property Info

Annual Tax Amount: 3793
Source Listing Status: ActiveUnderContract
County: Cuyahoga
Directions: From I-90, take I-77 South to Akron, get off at exit 159B toward Fleet Ave; Left turn onto Crete Rd/Independence Rd, turn right onto McGregor and property will be on your left.
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: Original One Hundred Acre
Owner Pays: Water
Parcel Number: 511-12-086
Subdivision: Original One Hundred Acre
Township: Newburgh Heights Village
Property Subtype: Quadruplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$23,840 + $6,270 $30,110	$3,794
2021	$23,840 + $6,270 $30,110	$3,803
2020	$21,280 + $5,600 $26,880	$3,570
2019	$21,280 + $5,600 $26,880	$3,404
2018	$21,280 + $5,600 $26,880	$3,338
2017	$15,230 + $5,880 $21,110	$2,832
2016	$15,230 + $5,880 $21,110	$2,789
2015	$15,230 + $5,880 $21,110	$2,508
2014	$18,130 + $7,000 $25,130	$2,948
2013	$18,130 + $7,000 $25,130	$2,907
2012	$18,130 + $7,000 $25,130	$2,642
2010	$19,850 + $7,000 $26,850	$2,699
2009	$19,850 + $7,000 $26,850	$2,545
2008	$19,845 + $7,000 $26,845	$2,290
2007	$19,850 + $7,000 $26,850	$2,493

+ Reveal Property Sale History

Listed 2024-05-22
$350,000
MLSNOW

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Sold 2022-03-29
$69,000
MLSNOW

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Sold 2011-05-05
$25,000
MLSNOW

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Listed 2011-01-13
$99,900
MLSNOW

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Sold 1977-04-01
$42,500
Public Record

+ Building and Construction

Year Built: 1918
Construction Materials: Frame
Levels: Two
Living Area Units: SquareFeet
Property Age: 106
Roof: Asphalt, Shingle
Levels or Stories: 2
Year Built Source: PublicRecords

+ Utilities

Sewer: PublicSewer
Water Source: Public