3823-3827 Richlawn Road
Property Description
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.)
Broker Details
Chervenic Realty Inc (330) 686-1644
MLS ID: 2020001502 State License Number: 2020001502
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $335,000 |
| Year Built: | 1961 |
| Lot Size: | 1,755.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5229512
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