$2,499,000

2275 Warren Road , Lakewood, OH 44107

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.7
Year Built:1963
Listing Status:Active

Listing Agent

Thomas Fischer
http://remax-trinity-oh.com/
Loan Amount:
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Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Lucrative Investment Opportunity in The Thriving Lakewood Market Awaits! This 27 Unit All-Brick Apartment Building Features 4 Studios, 18 One Bedroom Units, And 5 Two Bedroom Units. The Property Is Currently 96% Occupied And Generates $21,640 In Monthly Rental Income! 11 Of The Units Have Been Recently Remodeled, With Varying Levels Of Updates To Kitchens, Bathrooms, And Living Areas, Leaving Great Value-Add Potential With Light Cosmetic Upgrades On The Other 16 Units. The Common Areas Boast Separate Laundry Rooms Located On The Second And Third Floors, Storage Room With Individual Lockers For Each Unit, And New Lighting Throughout Hallways and Stairwells. The Exterior Offers Ample Parking With 25 Surface Lot Spots, And 9 Garage Spaces With Overhead Doors. Tenants Are Responsible For Electric, And Owner Is Responsible For Gas, Water/Sewer. Highly Sought After Location With Close Proximity To Major Highways, Lakewood Park, Downtown Cleveland, Kamm’s Corners, Cleveland Metroparks Rocky River Reservation, Cleveland Clinic Fairview Hospital, Winterhurst Ice Arena, Screw Factory Artists Lofts, And Countless Dining/Entertainment Options Throughout Lakewood. Don’t Miss This Rare Opportunity To Acquire An Incoming Producing Asset In A Prime Location With Historically Strong Appreciation! No Seller Financing!

Detailed Items

Other Information

2275 Warren Road, Lakewood, OH, 44107 is a commercial sale listing of 0 sqft on a lot of 0.7. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property2275 Warren Road, Lakewood, OH
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