4878 Banbury CT #7

Warrensville Heights,OH 44128

$ 59900

2 Beds

2 Baths

1116 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,116 sqft

Price per Sqft $53

Subdivision Banbury Village Condo

MLS Listing ID 5080953

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 1,116

Year Built 1963

Annual Tax Amount $1,019

Tax Year 2023

Contingent Inspections

Property Description

Discover a prime investment opportunity with this recently updated turnkey condo in the desirable Myles Landing community. This property boasts fresh paint, vinyl flooring, updated carpeting, and refreshed kitchen and bathroom finishes, alongside a new hot water heater. Currently leased to a market rate tenant at $1,050 per month under an annual lease expiring 7/31/2025, this condo offers a remarkable chance for a hands-off rental investment with an impressive cap rate exceeding 11%. Don't miss out on this lucrative addition to your real estate portfolio!

Location

State OH

County Cuyahoga

Rooms

Basement None

Interior

Heating Forced Air,Gas

Cooling None

Fireplace No

Appliance Range,Refrigerator

Laundry In Unit

Exterior

Parking Features Common,Parking Lot

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Dwelling Type Townhouse

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Warrensville Heights - 1831

Others

HOA Fee Include Insurance,Maintenance Grounds,Maintenance Structure,Reserve Fund,Snow Removal,Trash

Tax ID 763-17-501

Pets Allowed Yes

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