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Updated about 8 years ago on . Most recent reply

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,719
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28,706
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Fully occupied QUAD in HOT HOT HOT Lakewood Ohio.

James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted
FOR SALE

2085 Halstead
Lakewood, Ohio 44107
$129,900

GET THE BEST OF BOTH WORLDS WITH THIS RARE 4 UNIT IN DESIRABLE LAKEWOOD

4 units are the most units you can have under one roof and still be able to use 30 year residential financing. This means you get the benefits of a large commercial investment for the low cost and great financing terms of a small residential investment.

4 units like this are rare and DO NOT hit the market very often. This is a unique opportunity that has a lot of demand and will MOVE QUICK!

HIGHLIGHTS
  • 4 Units
  • Asking price $129,900
  • 100% occupied
  • Unit 1 2b/1b $475/mo. Could be increased to $650/mo
  • Unit 2 studio $433/mo. Could be increased to $495/mo
  • Unit 3 2b/1b $470/mo. Could be increased to $650/mo
  • Unit 4 studio $415/mo. Could be increased to $495/mo
  • Currently monthly rent $1,793/mo
  • Projected market rent $2,290/mo
  • Cash needed for down payment $32,475
  • Brand new vinyl windows installed in 2014
  • Newer roof
  • Separate water tanks, furnaces and electrical panels.
CLICK HERE FOR MORE INFORMATION
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Copyright © 2016 The Holton-Wise Property Group, All rights reserved.
The Holton-Wise Property Group does not doubt the accuracy of any of the information contained herein. However we have not verified it and make no guarantee, warranty or representation about it. Properties listed herein may be listed by brokerages other than The Holton-Wise Property Group. It is your
responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of any property. Actual results may vary from any projections, opinions, assumptions, or estimates and you should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The Holton-Wise Property Group
4207 Brookpark Rd. Parma, Ohio. 44134.
216-661-6633

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