Lake Home Off Market
Calling all Investors!! Check out this rare 4 unit all-brick apartment building in EXCELLENT condition!! Minutes away from Spitzer Riverside Marina and I90 highway. Turnkey and fully rented bringing in over 8% cap rate! Each of the 4 units is approximately 850 sq ft., has 2 separate entrances and a designated finished 1/4 of the basement with individual laundry hook-ups! Each unit has 1 bedroom, a living room with a fireplace, a dining room, a full size kitchen and can easily be converted into a 2 bedroom unit! There is also a detached 4-car garage that you can rent out as storage units for even more income! Tenants pay all utilities. Landlord only pays property tax and landscaper $70 per month for lawn care. Great cash flow, don't miss out on this rare opportunity!! Priced to Sell!!Property Details
- Beds: 4
- Baths: 4.0
- Sq Feet: 6000
- Year Built: 1910
- Location: Lake Erie - Lorain County
- Acres: 0.160
- Lakeview: Yes
- ViewTypes: Lake
- County: Lorain County
- Community: Fairhome Allotment/C A Sturtev
- Heat/AC: Fireplace,Forced Air
- Siding: Brick
- Roof: Asphalt
- Stories: 2.0
- Fireplaces: Has Fireplace
- MLS #: 4385812
Location
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Ad Statistics:
Ad Number : | 2886745 |
Viewed: | 1037 times |
Added: | Jun 29, 2022 |
Updated on: | Jun 15, 2023 |
All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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