Residential Income in Lakewood

$475,000

2203 Bunts, 44107, Lakewood, OH

Residential Income for sale in Lakewood, 2203 Bunts, 44107, 2930 m²

2203 Bunts, 44107, Lakewood, OH

$475,000

6Bed
3Bath
2930
Type: Residential Income

Description

RARE Lakewood investment opportunity! Welcome to 2203 Bunts Rd, a legally grandfathered TRIPLEX offering an excellent setup for investors or an owner occupant looking to house hack! The first floor is 3 Bed 1 bath, second one is 2 bedrooms and 1 full bath and they are all currently fully rented, with tenants responsible for their own utilities. First floor is leased for $1550 until 04/01/2028. Second floor is leased for $1200 until 03/01/2027 as the tenant cuts the grass, and takes care of the property. It was rented for $1500 previously. The second floor also has a sun room/reading room. The third-floor unit features 1 bedroom, 1 full bath, and its own kitchen, with a month-to-month tenant paying $950 a month. All 3 units have been remodeled in the last 10 years, this includes kitchen, flooring, countertops, trims, and similar. LOCATION, LOCATION, LOCATION! Enjoy everything Lakewood has to offer with Rising Star Coffee Roasters, Angelo's Pizza, parks, schools, shopping, restaurants, and entertainment nearby, plus easy access to Downtown Cleveland. Even more exciting is the major transformation currently underway along Bunts Road! The City of Lakewood's Bunts Road Rehabilitation Project includes a complete roadway reconstruction along with new water and sewer infrastructure, improved sidewalks and curbs, a new multipurpose path, decorative streetlights, buried electrical lines, and other improvements designed to enhance the corridor for pedestrians, cyclists, and drivers. Whether you're looking to add a solid 3-family property to your portfolio or live in one unit while collecting rent from the others, this is a GREAT HOUSE HACKING AND INVESTMENT OPPORTUNITY, it can also be a great Airbnb! Legally grandfathered as a triplex and ready for its next owner. Schedule your showing today!

Location

2203 Bunts, 44107, Lakewood, OH

Data

Object TypeResidential Income
Purchase Price$475,000
Living Space2930 m²
Plot Size539.04 m²
Bathrooms3
Construction Year1920
ConditionNot specified
Rooms13

Energy Information

Heating TypeForced Air, Gas
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent