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2040 Halstead AVE Lakewood, OH 44107
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Key Details
Sold Price $349,900
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,460 sqft
Price per Sqft $64
Subdivision Pleasant Hill Land Companys A
MLS Listing ID 4253309
Sold Date 07/14/21
Construction Status Unknown
HOA Y/N No
Abv Grd Liv Area 5,460
Total Fin. Sqft 5460
Year Built 1916
Annual Tax Amount $6,949
Lot Size 4,800 Sqft
Acres 0.1102
Property Description
Do you remember that band Sixpence None the Richer? Well, you're gonna want to “Kiss Me” when you see this SIX UNIT that'll make you “More the Richer”!!! That's right: 2040 Halstead is on the market, and with SIX UNITS, you'd best believe that “she's all that.” Need proof? Let's talk numbers. The building features three 2-BR and three 1-BR units. The 2-BR units are currently leased up at $650, $725, and $800. One of the 1-BR units is leased up at $625 and another one is $700, while the final one is vacant. All of these are month-to-month leases (except for the $800 / month, 2-BR, Unit #1, which expires in June). So, there's obviously plenty of opportunity to fill the building and grow rents. Additionally, right now, the owner is currently paying water, sewer, and heat, which, again, means that there's room for “growth,” here. More than that, all six electrical panels and the gutters were replaced in 2020. And given that this property is located in the highly-coveted Lakewoo
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas, Hot Water, Radiator(s), Steam
Fireplace No
Exterior
Parking Features Assigned, On Site, Paved, On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-20-014
Financing Conventional
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Bought with Matthew Guba • Keller Williams Citywide