Property Description

Turnkey, investment opportunity in highly desirable Lakewood! This six-unit property is a true income producer, ideally positioned in one of Northeast Ohio's most sought-after rental markets amid ongoing development and growth. Located directly across from a vibrant artist studio, gallery, and event space, and just a short walk to popular restaurants, parks, and public transportation, with convenient highway access nearby. Recent updates: electric baseboard heat in each unit. Most units freshly painted & some updates when vacant. 5 Units are currently leased, offering immediate cash flow. The property also provides off-street parking for tenant convenience. Owner currently covers water/sewer. Rents range from $487$787 per month, generating a total monthly income of $3814.45. Tenant pays electric bill. Don't miss this excellent opportunity to expand your investment portfolio with a solid, income-generating property in a prime location!

Property Features

Local Schools