4518 Mcgregor AVE Newburgh Heights, OH 44105
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,436 sqft
Price per Sqft $116
Subdivision Original One Hundred Acre
MLS Listing ID 5259201
Bedrooms 6
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,436
Total Fin. Sqft 3436
Year Built 1918
Annual Tax Amount $4,736
Tax Year 2025
Lot Size 8,001 Sqft
Acres 0.1837
Property Sub-Type Quadruplex
Property Description
Additional improvements include a new asphalt roof, four new furnaces, four new hot water tanks, and updated electrical. The front upper unit (Unit 3) offers two bedrooms, a living room, a dining room, and a full bath, while the front balcony provides additional outdoor space.
The rear upper unit (Unit 4) offers a bedroom, a full bath, kitchen, living room, and a small bonus room that can accommodate a variety of uses. The unit also features access to a rear balcony, while the unit below includes a small back porch.
The partial basement includes multiple laundry areas, while separate utility meters for each unit offer added convenience for tenants in tracking and managing utility expenses.
Historically generating approximately $3,800 to $4,000 in monthly rental income across all four units, the property is being offered vacant, allowing the next owner to establish new tenancies. With substantial improvements and a history of rental income, this multifamily property presents an opportunity for investors seeking a well-maintained investment property to their portfolio.
Location
State OH
County Cuyahoga
Rooms
Basement Partial
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 4.0
Garage Description 4.0
Water Access Desc Public
View Neighborhood
Roof Type Asphalt,Shingle
Garage true
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 511-12-086
Special Listing Condition Standard
Nearby Locations
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