Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1916
Sq.Footage
3,888
Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 1 bedroom, 1 bathroom apartments and is currently generating $3,630 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 1497 Coutant Ave, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
4
-
Above Grade Finished Area
3888.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Brick
-
Parking
Garage, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.25
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$400,000
-
Tax Amount
$9,937
-
Sq. Footage
3,888
-
Price/SqFt
$102
HOA
-
Association
No
School District
-
Elementary School
Lakewood CSD (Cuyahoga)- 1817
-
Middle School
Lakewood CSD (Cuyahoga)- 1817
-
High School
Lakewood CSD (Cuyahoga)- 1817
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Lakewood CSD (Cuyahoga)- 1817
Middle School
Lakewood CSD (Cuyahoga)- 1817
High School
Lakewood CSD (Cuyahoga)- 1817
Listing Courtesy of Armani Adames , RE/MAX Above & Beyond
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AGENT
Gregory Sharier
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