3978 E 55th StreetNewburgh Heights, OH 44105

3978 E 55th StreetNewburgh Heights, OH 44105

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$140,000 Active
Multi Unit - Multiple MLS 5189261 New to the Market
4 beds 2 full baths 1,449 sqft
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Listed By

Agency Name: Key Realty
Agency Contact: josh@janusdevelopment.co, 614-502-5316

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Welcome to this clean 4 bedroom, 2 bathroom duplex located in Newburgh Heights! There is a 3rd floor that could be finished as well. The UP unit is rented for $950/month on a month to month lease. The DOWN unit was recently vacated, renovated and is now ready to rent for a similar amount. The exterior has vinyl siding, vinyl windows and the roof is in good shape. Newburgh Heights has a Point of Sale inspection and the buyer will assume the violations here with the largest item being a new garage to be constructed as there currently isn't one. This will add great value to the home and allow for stronger rents for each unit with that parking addition. Come check out 3978 E 55th in Newburgh Heights today!

3978 E 55th Street | MLS# 5189261

This multi-family property located at 3978 E 55th Street, Newburgh Heights, OH 44105 is currently listed for sale with an asking price of $140,000. E 55th Street is located within the Cleveland Municipal - 1809 school district. Search Newburgh Heights real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Market: 3
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,725 / year
Year Built: 1925

Feature Descriptions

Exterior: Aluminum Siding
Parcel#: 511-16-116
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3978 E 55th Street, Newburgh Heights, OH 44105
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 867.64 per month $683.06 Principal & Interest $143.75 Property Tax $40.83 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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