2018 Lakeland Ave, Lakewood OH 44107 Photo 1 2018 Lakeland Ave, Lakewood OH 44107 Photo 2 2018 Lakeland Ave, Lakewood OH 44107 Photo 3

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2018 Lakeland Ave - Pointing You Home to this great investment property located in the Heart of Lakewood! Brick 8 suite apartment building with seven 2 bedroom suites ($650 per suite) and 1 efficiency ($350). Fully rented and rents could be higher! Some newer vinyl windows throughout and boiler @ 10+/- years old. 75 gallon hot water tank (2004). Roof tune up (2015). Convenient parking for tenants in the back of the building. Some units have been updated with newer kitchen cabinets and ceramic tile flooring. Neutral decor and most have hardwood floors. All have appliances. One set of coin operated washer and dryer in the basement. Convenient location close to schools, restaurants, shopping, bus line & I-90! See MLS Attachments.

Listing information

  • MLS® ID: 3775649
  • Status: Sold on 7/5/2016
  • New Construction: No
  • Estimated Annual Taxes: $9,311
  • Style: Commercial
  • Stories: 2
  • Foreclosure: No
  • County: Cuyahoga
  • Year Built: 1925
  • Parking Type Description: Driveway / Parking Apron 8 cars
  • Lot Area: 0.14

Features

Apartments Type Apartments Only
Assessments Y/N No
Available Financing Cash, Conventional
Basement Detail Common, Full, Walk-Out
Cooling Type Wall Unit(s)
Elevator Y/N No
Fences Partial, Wood
Heating Fuel Gas
Heating Type Hot Water/Steam, Radiant
Homestead Exemption Y/N No
Location Freestanding, Suburban
Other Current Use - Apartment Bldg, Industrial Sq Ft - 7413, Lot Size Frontage - 50, Num Of Apartments Total - 8, Num Of Units - 8, Office Sq Ft - 0, Residential SF - 7413, Retail Sq Ft - 0, Units 1 Bedroom - 1, Units 2 Bedroom - 7, Warehouse Sq Ft - 0
Owner Pays Heating, Sewer, Trash Collection, Water
Possession Time of Transfer
Property Subtype Apartment
Roof Flat
Tenant Pays Cable/Electric Link, Electric, Gas
Water Sewer Public Sewer, Public Water
Listing Courtesy of Howard Hanna