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12065 Edgewater Dr
Lakewood, OH 44107

$3,429,000 USD

Apartments For Sale • 34,008 SF

Property Details

Property Type Apartments
Total Building Size 34,008 SF
Lot Size 0.38 AC
Building Class C
Year Built 1927
Zoning Commercial

39 Transit Score

51 Walk Score

                
                    Highlights
                
                                Rare lakefront 25-unit multifamily asset offering a unique investment opportunity with scenic views of Lake Erie.
                            
                                Strategically located in Lakewood, Ohio, a top rental market, with significant tenant demand and some of the highest appreciation rates in northeast O
                            
                                3 of the vacant units are 3bd/ 2 ba and will generate over 90,000/ year alone ($2500/mo each) once completed bringing NOI over 300k!
                            
                                Includes essential amenities such as 20 parking spaces with 8 garage spots, newly upgraded electrical systems, plumbing stacks, drains, and windows.

Amenities

Heating
Kitchen
Refrigerator
Oven

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	14 min	-	6.3 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	21 min	-	9.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes

Erin Thomas 440-670-2300 Keller Williams LIVING

12065 Edgewater Dr Lakewood, OH 44107