50
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$989,900
Est. payment /mo
0.37 Acres Lot
New
14801 Clifton BLVD Lakewood, OH 44107
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Lakewood Park
MLS Listing ID 5148955
HOA Y/N No
Year Built 1904
Annual Tax Amount $23,934
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.3701
Property Sub-Type Apartment
Stories Two
Story Two
Property Description
Exceptional investment opportunity in the heart of Lakewood! This well maintained 13 unit brick multifamily building is fully occupied except for one unit, offering immediate income potential. The property features a desirable mix of one bedroom/one bath and two bedroom/one bath layouts, appealing to a wide range of tenants. Many units have had updates in recent years, and a new boiler was installed in 2019, providing peace of mind for investors and reducing future maintenance costs. Inside, units offer different layouts with built-ins, hardwood flooring, LVT, carpet or ceramic making them attractive and renter ready. With strong occupancy, consistent rental demand and significant recent improvements this property represents a turnkey investment in one of Greater Cleveland's most sought-after rental markets. Parking is located in the rear, including carports and additional lot spaces, adding convenience and value for tenants. The property is ideally located within walking distance to Lakewood Park and all of the shops and restaurants in downtown Lakewood. Additionally the property is only minutes from downtown Cleveland and University Circle. Quick access to I-90 and the Lakefront Shoreway makes commuting easy, while public transportation is right at the doorstep. Multiple RTA bus stops are located along Clifton Boulevard (routes 55, 55B, 55C), offering quick, direct connectivity to downtown and surrounding areas.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Hot Water, Steam
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features On Site, Parking Lot, On Street
Water Access Desc Public
Roof Type Composition,Flat
Total Parking Spaces 11
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 312-15-063
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by David S Sharkey • Progressive Urban Real Estate Co • dsharkey@progressiveurban.com, 216-533-1617