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2085 Halstead AVE Lakewood, OH 44107
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Key Details
Sold Price $210,107
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $64
Subdivision Pleasant Hill
MLS Listing ID 4440986
Sold Date 04/28/23
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,160
Total Fin. Sqft 3240
Year Built 1910
Annual Tax Amount $5,137
Lot Size 4,399 Sqft
Acres 0.101
Property Description
The perfect Lakewood cash flow investment for an investor or owner occupant. This
one-of-a-kind four-unit building in Lakewood is a great cash flow, and value add investment.
This property is right across the street from Madison Park and only a few minutes from highway
access. Even with current rents being significantly under market value, investors can buy this
deal and cash flow from day one or renovate each unit and get up to $900 in rent per unit. This
makes the gross potential rent $3,600! Tenants pay for electricity and gas. The owner pays for
water and sewer. All mechanicals are in good working order and about mid-life. Unit 1 is on a
month-to-month lease. Unit 2 lease is up 04/30/2024. Unit 3 lease is up 05/31/2023. Unit 4
lease is up 07/31/2023.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement
Interior
Heating Forced Air, Gas
Cooling Wall Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-23-003
Financing Conventional,Trade
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Bought with Jack Krusinski • RE/MAX Above & Beyond