$305,000
$350,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
1279 Idlewood AVE Lakewood, OH 44107
5 Beds
3 Baths
3,049 Sqft Lot
Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Idlewood
MLS Listing ID 4434097
Sold Date 05/17/23
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1916
Annual Tax Amount $3,589
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Triplex
Property Description
Multi family investment opportunity now available! Turnkey three unit building in Lakewood, located near Lucky's Market, Edgewater Beach and Starbucks. Updates include new flooring, interior and exterior paint, new windows in the living room and bedroom, multiple fixture updates throughout the house. Huge opportunity for owner occupy and appreciation!! Lakewood is one of the most sought after neighborhoods in Northeast Ohio with an average appreciation rate of 8% over the past 10 years.. Tenant pays gas and electric, owner covers water, sewer and trash. One unit is occupied currently. Property to be sold as-is.
Unit 1 - 2 bed, 1 bath, 1100 monthly rent (occupied)
Unit 2 - 2 bed, 1 bath, 1200 monthly rent
Unit 3 - 1 bed, 1 bath, 700 monthly rent
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry None
Exterior
Parking Features No Garage, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Building
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 312-34-073
Financing Conventional
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Bought with Blake Park • REAFCO