Listing provided by: RE/MAX Crossroads Properties
1565 Newman Ave
Lakewood, OH 44107
$325,000
Sold
Overview
Inspected, cash flowing & ready to sell! A legal triplex w/ 1, 2 & 3 bedroom units, monthly gross of $3,000. An owner-occupant can purchase to live here & have the other units cover most-to-all expenses then keep this property as pure investment income after accumulating cash while living at this property to purchase another. The numbers also work for investors. The property has many updates; each unit has its own gas/ electric meters; its own entry & laundry. On a large lot with ample parking & yard space (room for multiple-car parking). The 3 BR unit ($1,050/mo) is the upper level, has a very cool layout with an open concept & in-suite laundry. The 2 BR unit ($1,125/mo) has just recently been remodeled in 2020 with new flooring throughout, a new bathroom with tile surround, new kitchen featuring stainless appliances, butcherblock counters and all new cabinets. The 1 BR unit ($850/mo) has updates just completed this year and is toward the side/back with a dedicated living room, dining ...
6 Beds
3 Full Baths
3,539 ft2
7,448 ft2
Details
General
Stories
3
Bedrooms
6
Bathrooms
3 full
Square footage
3,539 sq. ft.
Lot size
7,448 sq. ft.
Pool
No
Year built
1898
Other
Type
Multi-family
Listing information
MLS #
4314202
APN
31514066
Listing provided by
RE/MAX Crossroads Properties
Attribution Contact
+12167984100
Status
Sold
Location
Neighborhood
Birdtown Heights
County
Cuyahoga
1565 Newman Ave, Lakewood, OH 44107
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