This four unit building has been almost completely rehabbed from top to bottom! New roof, windows, furnaces, mechanicals, electrical, plumbing, insulation. Three of the four apartments were gutted to the studs and completely remodeled. See the floor plans. Three remodeled units are completely compliant with Lakewood commercial code. Second floor back unit still needs to be rehabbed. There are two- 2 bedroom/ 1 bath units, and two- 1 bedroom, 1 bath units. Downstairs back remodeled 1 bedroom unit currently rented at $725/ mo. (market rent is $850). Front upstairs unit (1 bedroom) is rented at $850/ mo. Front downstairs unit (2 bedroom) is rented at $1050/ mo. Back upstairs unit still needs to be rehabbed. All mechanicals, electric and new windows are in place. It's rented at $470/ mo. Market rent will be $850- $900 when completed. Total rent potential is $3,600/ month after rehab of 4th unit and rent increase of down/ back unit from $725 to $850. This can be a great money maker! Situated on a wide corner lot in the Birdtown area of Lakewood. Backs to a city park.
1150 Tollis Parkway 214 Broadview Heights, OH 44147
Gorgeous south facing condo with wooded views. Open floor plan with living room, office, kitchen, dinette, bedroom and bathroom. Nicely updated and lovingly maintained. Marble foyer, updated kitchen and bathroom. Light, neutral decor. Spacious living room and adjacent office/study with woodburning fireplace. Kitchen has an abundance of cabinets and counter space. Large bedroom with walk-in closet. In-suite laundry. Balcony has pretty views of the grounds and woods. Large detached garage. Enjoy carefree living in this cute and cozy condo!