



Don't miss this great investment opportunity in Cleveland's desirable West Park area! This renovated four-unit property features four 2-bedroom, 1-bath units, each with an open-concept living and kitchen area and its own laundry. The building was completely gutted and renovated from the studs. Major updates include four Goodman high-efficiency furnaces with A/C, power-vent hot water heaters, updated electrical and plumbing, insulation, ductwork, low-E vinyl windows, fiberglass entry doors, and a durable roof system. Each unit is equipped with a refrigerator, microwave, and electric range. Three of the four units are currently occupied, providing rental income while offering the flexibility to live in the vacant unit or rent it out for additional income. Recent exterior improvements include new gravel in the driveway and parking area, stained exterior wood, updated landscaping, and tree removal. Potential Cap Rate 8.73% Conveniently located near public transportation, shopping, parks, schools, churches, and Kamms Corners, with Fairview Hospital approximately 2 miles away. A great opportunity for investors or owner-occupants looking to build equity while generating rental income!
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $12460 | NZD $22,457* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Keller Williams Greater Metropolitan
Property ID: 110120575727
Original Property ID: 3yd-NEOHREXOH-5252585