2018 Dowd AVE, Lakewood, OH 44107
2018 Dowd AVE, Lakewood, OH 44107
2018 Dowd AVE, Lakewood, OH 44107
2018 Dowd AVE, Lakewood, OH 44107
2018 Dowd AVE, Lakewood, OH 44107
2018 Dowd AVE, Lakewood, OH 44107
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 325,000
Est. payment | /mo

5,131 Sqft Lot

Save
$ 325,000
Est. payment | /mo
Save

5,131 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5252726

Construction Status Fixer

HOA Y/N No

Year Built 1915

Annual Tax Amount $7,233

Tax Year 2025

Lot Size 5,131 Sqft

Acres 0.1178

Property Sub-Type Apartment

Property Description

Lakewood Five-Unit Value-Add Investment Opportunity! Exceptional opportunity for investors to acquire an all brick multifamily property in the established in Lakewood's Birdtown market with significant potential to add value through renovations, improved management, and rental optimization. Long held by the same family, this property offers a chance to reposition a five-unit asset consisting of three 2-bedroom units and two 1-bedroom units. Rents have not kept pace with current market conditions, and the property requires updating and deferred maintenance, creating an opportunity for an investor ready to take on a renovation project. The building offers approximately 3,472 square feet of usable space per the county auditor's website, a brick exterior, some updated windows, and parking for four vehicles. Additional features include a large attic with potential for future finishing, along with basement storage and office space. Utilities are individually metered, with the exception of water. An excellent opportunity for an investor looking to renovate, improve operations, and unlock the property's long-term income potential in Lakewood. Great location - convenient access to local shopping, restaurants, parks, and major commuter routes. Buyers to conduct their own due diligence regarding property condition, renovation requirements, rental income, expenses, and the feasibility of any proposed improvements. No owner financing, no wholesalers, Selling AS-IS.

Location

State OH

County Cuyahoga

Rooms

Basement Concrete, Storage Space

Interior

Heating Forced Air

Cooling Central Air, Window Unit(s)

Fireplace No

Exterior

Parking Features No Garage, On Site, Off Street, Parking Lot

Water Access Desc Public

Total Parking Spaces 4

Building

Foundation Slab

Sewer Public Sewer

Water Public

Construction Status Fixer

Schools

School District Lakewood Csd (Cuyahoga)- 1817

Others

Tax ID 315-23-187

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Antonio Biasiotta • Keller Williams Elevate • AntonioB@KW.com, 440-223-0575

NEARBY SCHOOLS & PROPERTIES

Shawana Hanson

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH 44145, United States

GET MORE INFORMATION

First Name*
Last Name*
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Real Brokerage, Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour this home!

2018 Dowd AVE