Property
Beds
8
Full Baths
4
1/2 Baths
None
Year Built
1916
Sq.Footage
5,272
Rare Investment Opportunity in the Heart of Lakewood! This all-brick 4-family building offers expansive 1,146 sq. ft. units, each featuring 2 bedrooms, 1 full bath, a formal dining room, spacious living room, and a bonus office/hobby room filled with natural light. Every unit has been beautifully updated with freshly remodeled kitchens and baths while maintaining timeless character. The building itself has been meticulously maintained with significant improvements, including a new roof, updated windows, separate electric panels, new furnaces with ductwork in each unit, and enhanced firewalls between units. Residents enjoy the convenience of a shared coin-operated laundry in the lower level. Additional income potential awaits with the option to rebuild the former garden unit. 5 parking spaces are available in the rear lot, a rare find in Lakewood. The location is unmatched—steps from public transportation, grocery stores, shopping, restaurants, parks, and the library. This is a true gem for any portfolio, combining immediate rental appeal with long-term investment potential. Call today for more information and to schedule your private tour!
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
4
-
Above Grade Finished Area
5272.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
5
-
Construction Materials
Brick
-
Parking
No Garage, Off Street, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1157
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$540,000
-
Tax Amount
13232.0
-
Sq. Footage
5, 272
-
Price/SqFt
$102
HOA
-
Association
No
School District
-
Elementary School
Lakewood CSD (Cuyahoga)- 1817
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Lakewood CSD (Cuyahoga)- 1817
Middle School
High School
Listing Courtesy of Michelle M Mehaffey , RE/MAX Above & Beyond
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AGENT
JeffHelfrich
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