2109 Halstead Avenue, Lakewood, OH 44107
- $249,900
- List Price
- $249,900
- Status
- ACTIVE
- MLS#
- 5200201
- Year Built
- 1901
- Price Change
- ▼ $10,000 1784240540
- Region
- Lakewood
- Township
- Lakewood
Property Description
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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Additional Information
- Taxes
- $7,782
- Acres
- 0.10
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass, Other
- Water
- Public
- Heating
- Baseboard, Electric
- Cooling
- Ceiling Fan(s), Window Unit(s)
- School District
- Lakewood CSD (Cuyahoga)- 1817
Mortgage Calculator
Listing Courtesy of: Jeffrey J Cimbulich, jeffsellscleveland@gmail.com With RE/MAX Above & Beyond
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