UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 1,470 sqft
Price per Sqft $55
Subdivision Northfield Park
MLS Listing ID 5114252
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,470
Year Built 1948
Annual Tax Amount $2,278
Tax Year 2024
Lot Size 3,040 Sqft
Acres 0.0698
Property Sub-Type Townhouse
Property Description
Welcome to 4047 Township Parkway, Highland Hills, OH – a beautifully maintained 3-story condo that's equal parts charm and cash flow! Whether you're a savvy investor or first-time buyer looking to start strong, this gem is the definition of hassle-free income.
Currently rented for $1,350/month, this turn-key property is delivering an insane cap rate you won't believe at this price point! That's right – passive income from day one.
Step inside and enjoy:
• Attached garage for easy access
• Front & back entryways for extra convenience
• Bright, spacious layout across three well-designed floors
• Strong, consistent rental history
And the location? Unbeatable. You're just a short walk from the massive University Hospitals and Cleveland Clinic development – one of the largest medical hubs in the country. That means stable tenant demand, year-round.
Whether you're expanding your portfolio or diving into real estate for the first time, this is the kind of opportunity investors dream about.
Low price. High return. Prime location. Zero hassle.
Don't sleep on this one – 4047 Township Parkway is ready to make your money work for you.
Seller is also selling 9 total properties that can be packaged or sold separately including 2 other townhomes in the same complex: 4047 Township Parkway, Highland Hills, Ohio; 20617 Randolph Parkway, Highland Hills, Ohio; 4058 Northfield Rd., Highland Hills, Ohio; 121-123 Roswell St., Akron, Ohio; 96 Hall St., Akron, Ohio; 905 Woodward Ave., Akron, Ohio; 835 Berwin Ave., Akron, Ohio; 289 E Glenwood Ave., Akron, Ohio; 435-437 McGowan Ave., Akron, Ohio.
Location
State OH
County Cuyahoga
Rooms
Basement Finished
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Attached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Dwelling Type Townhouse
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 751-03-078
Special Listing Condition Standard