1681 Lincoln Avenue, Lakewood, OH 44107 | MLS 5032994 | Listing Information | Vylla Home
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FOR SALE
$1,900,000

1681 Lincoln Avenue
Lakewood, OH 44107

Apartment, Business Opportunities
Commercial
0.1188
Acre Lot
Courtesy: Keller Williams Citywide, [email protected] 216-916-7778
Vylla Home> Ohio> Lakewood> 44107
NEWLY REDUCED! Outstanding Immediate Revenue Generation Investment Opportunity in Lakewood, OH: This offering includes two well-maintained brick buildings, encompassing a total of 25 apartment units. Each unit is thoughtfully designed for maximumtenant comfort and satisfaction. Every apartment is outfitted with essential modern amenities such as dishwashers,ovens, complete kitchen facilities, refrigerators with freezers, tub/shower combinations, heating systems, and walk-inclosets. The interiors feature hardwood floors and carpeting, and some units also include vaulted ceilings. For addedsecurity, the buildings offer controlled access and a robust security system. Curbside trash pickup adds convenience forresidents. Located near public transport, this property provides easy commute options to Downtown and is within walkingdistance to numerous shopping and dining venues, enhancing its attractiveness. Continual property improvements presenta significant opportunity to boost rental income. The strong demand in Lakewood's rental market promises stable androbust revenue generation. Recent upgrades include resurfaced roofs on both buildings within the last two years and newelectrical panels installed in 6 units at 1681. A new, efficient boiler system has been installed, and the transition tosynthetic front landscaping reduces water use and maintenance, supporting eco-friendly initiatives. This prime investmentis rarely available in this area. Showings are available with an accepted offer to ensure serious consideration frominvestors.
5032994
Commercial - Apartment, Business Opportunities, 3+ Story
1900
Cuyahoga
0.1188 Acres
Public
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
Courtesy: Keller Williams Citywide, [email protected] 216-916-7778
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