Property Description
Attention investors! Don't miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 1 bedroom, 1 bathroom apartments and is currently generating $3,630 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.
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 1497 Coutant Ave, 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: None
Garage: 4
Heating: Forced Air
Lot Size: 0.25 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $9,937 / year
Year Built: 1916
Feature Descriptions
Exterior: Brick
Parcel#: 000-00-000
Parking: Garage, Parking Lot
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lakewood City
11713 Nelson Court | MLS# 5227231
This multi-family property located at 11713 Nelson Court, Lakewood, OH 44107 is currently listed for sale with an asking price of $400,000. Nelson Court is located within the Lakewood City school district. Search Lakewood real estate on www.kaszycarealestate.com today.