11713 Nelson Court, Lakewood, OH 44107

$400,000
4
BD
4
BA
3,888
SqFt

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List Price
$400,000
Status
ACTIVE
Stories
2
MLS#
5227231
Year Built
1916
Bedrooms
4
Bathrooms
4
Living Area
3,888
Region
Lakewood
Township
Lakewood

Property Description

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!

Additional Information

Taxes
$9,937
Acres
0.25
Sewer
Public Sewer
Roof
Flat
Water
Public
Garage Spaces
4
Heating
Forced Air
Cooling
None
School District
Lakewood CSD (Cuyahoga)- 1817

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Calculator source: Real Geeks

Listing Courtesy of: Armani Adames, adamesarmani.aa@gmail.com With RE/MAX Above & Beyond

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