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11709 Nelson Court

Lakewood, OH 44107
  • $2,199,900
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 4397047
UPDATED: 73 min ago
$2,199,900
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,496
    SQFT
  • $133
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1916
County:
Area:

School Ratings & Info

Listing courtesy of Russell Real Estate Services.
Listing information © 2022 YES-MLS.

Description

Seller has a professional management company and is offering 1 FREE YEAR OF PM FOR NEW OWNER!! PLEASE SEE SUPPLEMENTS FOR FULL OFFERING MEMORANDUM! The Lakewood 16 is an investor's dream! Not only will you be adding 16 TURNKEY units in one of the most desired investment locations in Cleveland, they're all NEXT DOOR to each other! Benefits include: easy to manage (current professional management company in place for smooth transition), all turnkey and updated (don't lift a finger), highly desirable rental area, properties will only keep appreciating and all properties have been well cared for and maintained. All units have been EXTENSIVELY renovated including white shaker cabinets, granite countertops, stainless steel appliances, refinished hardwood floors or LVP throughout and select bathrooms have gone through full updating including tile surrounds, new tubs/showers, new vanity/mirror, etc. All 2 and 3-bed units have brand new central air just installed and all 2-bed apartments come with a 1-car garage included in the rent (can potentially receive additional income for these). The new lucky owner will casually be bringing in over $230,000/year of gross collected rent from all four properties combined - who doesn't want that?! Please take note, the units have been very recently renovated/finished and the current professional management company is leasing the units out. The sellers will deliver the portfolio 90%+ occupied by time of sale transfer.

Monthly Payment Calculator

Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-14T19:08:46.053.
www.mystarkcountyhome.com/homes/131489270
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11709 Nelson Court Lakewood, OH 44107

  • Price: $2,199,900
  • Status: Active
  • On Site: 12 Days
  • Updated: 73 min ago
  • MLS #: 4397047
0
Beds
0
Baths
0
½ Baths
0.06
Acres
16,496
SQFT
$133
$/SQFT
1916
Built
Neighborhood:
T H Irvines Allotment
County:
Cuyahoga
Area:
Lakewood
Property Description
Seller has a professional management company and is offering 1 FREE YEAR OF PM FOR NEW OWNER!! PLEASE SEE SUPPLEMENTS FOR FULL OFFERING MEMORANDUM! The Lakewood 16 is an investor's dream! Not only will you be adding 16 TURNKEY units in one of the most desired investment locations in Cleveland, they're all NEXT DOOR to each other! Benefits include: easy to manage (current professional management company in place for smooth transition), all turnkey and updated (don't lift a finger), highly desirable rental area, properties will only keep appreciating and all properties have been well cared for and maintained. All units have been EXTENSIVELY renovated including white shaker cabinets, granite countertops, stainless steel appliances, refinished hardwood floors or LVP throughout and select bathrooms have gone through full updating including tile surrounds, new tubs/showers, new vanity/mirror, etc. All 2 and 3-bed units have brand new central air just installed and all 2-bed apartments come with a 1-car garage included in the rent (can potentially receive additional income for these). The new lucky owner will casually be bringing in over $230,000/year of gross collected rent from all four properties combined - who doesn't want that?! Please take note, the units have been very recently renovated/finished and the current professional management company is leasing the units out. The sellers will deliver the portfolio 90%+ occupied by time of sale transfer.
Interior Features

Basement YN No Building Area Total 16496 Cooling Central Air Cooling YN Yes Heating Forced AirGas Heating YN Yes

Property Features

Above Grade Finished Area 16496 Lease Considered YN No Listing Terms CashConventionalTrade Property Sub Type Apartment Sewer Public Sewer Township Lakewood Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Russell Real Estate Services.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-14T19:08:46.053.
 
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Jose Medina and Associates | Keller Williams Legacy Group Realty
1401 South Main St. Suite 101
North Canton OH, 44720
Listing courtesy of Russell Real Estate Services.
Listing information © 2022 YES-MLS.