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Key Details
Sold Price $435,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,968 sqft
Price per Sqft $109
Subdivision Townsend
MLS Listing ID 4497517
Sold Date 12/06/23
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,968
Year Built 1917
Annual Tax Amount $12,442
Lot Size 5,854 Sqft
Acres 0.1344
Property Description
RARE opportunity to own a coveted four-unit building in Lakewood. Three units are occupied. One is vacant. Take advantage of recent lending changes with only 5% down required for owner-occupied multi-family buildings. Brick exterior, individual balconies/porches, laundry hookup for each unit, plus vinyl windows and newer electric panels. Rubber roofing. Close proximity to downtown, the lake, beach, highway, transit, and trendy restaurants makes this the ideal location. Bump up rents to market-rate and cash flow on this quad.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement, Full, Unfinished
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Dryer, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Garage Paved, Parking Lot
Water Access Desc Public
Roof Type Flat,Rubber
Parking Type Paved, Parking Lot
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-14-041
Security Features Smoke Detector(s)
Financing Conventional
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Bought with Zee Sukalic • EXP Realty, LLC.