3823-3827 Richlawn Road, Richfield, OH 44286

$335,000
4
BD
2
BA
1,755
SqFt

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List Price
$335,000
Status
ACTIVE
Stories
1
MLS#
5229512
Year Built
1961
Bedrooms
4
Bathrooms
2
Living Area
1,755
Region
Richfield Village
Township
Richfield Village

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 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. The left-side unit is leased through 7/31/26, and the right-side unit is leased through 8/31/26. Both tenants will transition to a month-to-month tenancy once their leases expire, offering investors the security of existing leases 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.)

Additional Information

Taxes
$3,616
Acres
0.63
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Well
Heating
Forced Air, Gas
Cooling
Central Air
School District
Revere LSD - 7712

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Listing Courtesy of: Aimee Neiman, aimeeneiman@kw.com With Keller Williams Chervenic Rlty

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