$540,000

1175 Andrews Avenue, Lakewood, OH 44107

  • 8 beds |
  • 4 baths |
  • 5,272 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon5,040sqft lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $102/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare Investment Opportunity in the Heart of Lakewood! This all-brick 4-family building offers expansive 1,146 sq. ft. units, each featuring 2 bedrooms, 1 full bath, a formal dining room, spacious living room, and a bonus office/hobby room filled with natural light. Every unit has been beautifully updated with freshly remodeled kitchens and baths while maintaining timeless character. The building itself has been meticulously maintained with significant improvements, including a new roof, updated windows, separate electric panels, new furnaces with ductwork in each unit, and enhanced firewalls between units. Residents enjoy the convenience of a shared coin-operated laundry in the lower level. Additional income potential awaits with the option to rebuild the former garden unit. 5 parking spaces are available in the rear lot, a rare find in Lakewood. The location is unmatched—steps from public transportation, grocery stores, shopping, restaurants, parks, and the library. This is a true gem for any portfolio, combining immediate rental appeal with long-term investment potential. Call today for more information and to schedule your private tour!

Listing Status:
Pending
Listing Office:
RE/MAX Above & Beyond : 440-842-7200
Listing Agent:
Michelle M Mehaffey : 216-233-8316
MLS ID:
5155871
  • Appliances: RangeRefrigerator
  • Laundry: Common AreaLower Level
  • Basement: Common BasementDaylightExterior EntryFullWalk-Out Access
  • A/C: Window Unit(s)
  • Heating: Forced Air
  • Parking: No GarageOff StreetParking Lot
  • Roofing: Flat
  • General: Brick3
  • Originating MLS: NOWDD_NORM
  • School District: Lakewood CSD (Cuyahoga)- 1817
  • County: Cuyahoga
  • Zoning: 22 SP 170FT S OF CLIFTON BLVD312-12-076
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Michelle M Mehaffey, RE/MAX Above & Beyond

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln Elementary School

15615 Clifton Blvd, Lakewood, OH, 44107

Grades PK-5

0.23 miles away

L

Lakewood High School

14100 Franklin Blvd, Lakewood, OH, 44107

Grades 7-12

0.92 miles away

L

Lakewood High School

14100 Franklin Blvd, Lakewood, OH, 44107

Grades 7-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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