2043 Robin Street
Lakewood, OH 44107

Opportunity to own a 4 unit property in the HOT west side suburb of Lakewood! This the ideal property for a new or savvy investor looking to take advantage of residential financing while obtaining 4 income producing units! Additionally, there is potential for an owner occupant looking to househack in one of Cleveland's most hip and desirable neighborhoods! With the consistent growth of Lakewood, this is the ideal light value-add property for the new or savvy investor to create healthy monthly cash flow in a quickly appreciating market. Currently 3/4 units are occupied while one is vacant, ready for a new tenant, but purposefully left open for the next owner to make some minor cosmetic updates and achieve strong rent upside. (2) units are two bedrooms, one bathroom and (2) units are one bedroom, one bathroom. The property is currently grossing $1,825 with one vacancy. Tenants are responsible for electric and heating/cooking gas, while the owner pays water/sewer and gas for the one large hot water tank. There is a washer and dryer in the basement provided by the owner. All windows have been replaced with vinyl and two of the units have received a number of updates including flooring, cabinets, countertops, fixtures and bathroom updates. There is a one car garage on the property and ample street parking. Electrical service for all 4 units is also currently being updated to 100 amp service.