Exceptional investment opportunity in the heart of Lakewood! This well maintained 13 unit brick multifamily building is fully occupied except for one unit, offering immediate income potential. The property features a desirable mix of one bedroom/one bath and two bedroom/one bath layouts, appealing to a wide range of tenants. Many units have had updates in recent years, and a new boiler was installed in 2019, providing peace of mind for investors and reducing future maintenance costs. Inside, units offer different layouts with built-ins, hardwood flooring, LVT, carpet or ceramic making them attractive and renter ready. With strong occupancy, consistent rental demand and significant recent improvements this property represents a turnkey investment in one of Greater Cleveland’s most sought-after rental markets. Parking is located in the rear, including carports and additional lot spaces, adding convenience and value for tenants. The property is ideally located within walking distance to Lakewood Park and all of the shops and restaurants in downtown Lakewood. Additionally the property is only minutes from downtown Cleveland and University Circle. Quick access to I-90 and the Lakefront Shoreway makes commuting easy, while public transportation is right at the doorstep. Multiple RTA bus stops are located along Clifton Boulevard (routes 55, 55B, 55C), offering quick, direct connectivity to downtown and surrounding areas.

Listing courtesy of David S Sharkey of Progressive Urban Real Estate Co



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