2109 Halstead Avenue, Lakewood, OH 44107
sale
$249,900
|
Apartment
Courtesy Of Remax Beyond 2000 Realty
Turnkey, investment opportunity in highly desirable Lakewood! This six-unit property is a true income producer, ideally positioned in one of Northeast Ohio's most sought-after rental markets amid ongoing development and growth. Located directly across from a vibrant artist studio, gallery, and event space, and just a short walk to popular restaurants, parks, and public transportation, with convenient highway access nearby. Recent updates: electric baseboard heat in each unit. Most units freshly painted & some updates when vacant. 4 Units are currently leased, offering immediate cash flow. 2 Units are vacant and can be seen prior to an accepted offer. The property also provides off-street parking for tenant convenience. Owner currently covers water/sewer. Rents range from $487-$787 per month, generating a total monthly income of $3814.45. Tenant pays electric bill. Don't miss this excellent opportunity to expand your investment portfolio with a solid, income-generating property in a prime location!
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Building Units: 6
- Cooling System: Window Unit(s)
- Cooling System: Ceiling Fan(s)
- Heating System: Electric (Heating)
- Heating System: Baseboard
- Legal Description: 20 PLEASHI 0323 ALL
- MLSID: 5200201
- Parking Spaces: 6
- Roof Type: Asphalt
- Roof Type: Fiberglass
- Rooms: Basement
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