2085 Halstead Avenue, Lakewood, OH 44107

Property Description

Discover the perfect blend of comfort and convenience in this exceptional four-unit residence nestled in the vibrant part of Lakewood. A short walk, you'll find yourself amidst local favorites like Barroco, Mahall's, and Woodstock BBQ, alongside a plethora of dining options. This property stands out with each of its four units showcasing recent enhancements, including new flooring, paint, cabinets, countertops, and backsplashes, promising a fresh and modern living experience. Of these, Units 1 and 3 are ready for immediate occupancy, presenting a prime opportunity for homeowners and investors alike. Unit 1 is notably equipped with an in-unit washer and dryer, making it an ideal choice for an owner-occupant! Units 4 and 2 are already generating income. Unit 2 tenant is on a lease that expires on 4/1/25 and pays $800 a month. Unit 4 tenant is on a year lease ending 4/28/24 and goes to a month-to-month lease starting 5/1/24. This tenant is paying $445 (under-market value). A unique feature of this property is the centralized heating system controlled via a locked thermostat in the basement, ensuring efficiency and ease of management. Tenants are responsible for their electric and gas usage, specific to water heating and stove operations, whereas the owner covers water, sewer, and central heating expenses. Adding to the appeal is a new coin-operated dryer in the basement, contributing to the property's amenities. The home's heating system is well-maintained, with a recent servicing of the 8-year-old furnace ensuring reliability and comfort. Don't miss out on this rare opportunity to own or invest in a prime Lakewood location. Schedule your showing today and experience the unique charm and potential of this property firsthand. Act quickly. This property won't last long!