Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: adamesarmani.aa@gmail.com, 216-370-8550
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Attention investors! Don't miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 2 bedroom, 1 bathroom apartments and is currently generating $5,025 per month in rental income, providing immediate cash flow from day one. Whether you're looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio's strongest rental markets, this property checks all the boxes. With all units occupied, you'll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Includes a second building with a four car garage and an expansive unfinished space above, potential for another 2 or 3 bedroom unit! Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor's portfolio. *Must be sold with 11713 Nelson Ct, as these two parcels have been combined* Opportunities like this in Lakewood don't come around often, submit your offer today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Garage: 4
Heating: Forced Air
Lot Size: 0.27 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $9,937 / year
Year Built: 1916
Feature Descriptions
Exterior: Brick
Parcel#: 315-14-040
Parking: Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lakewood City
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Estimated Payment
$ 4,084.51 per month $3,081.43 Principal & Interest $828.08 Property Tax $175.00 Homeowner's InsuranceChange Payment Information
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1497 Coutant Avenue | MLS# 5227228
This multi-family property located at 1497 Coutant Avenue, Lakewood, OH 44107 is currently listed for sale with an asking price of $600,000. Coutant Avenue is located within the Lakewood City school district. Search Lakewood real estate on www.cutlercigroup.com today.