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1485 Coutant AVE Lakewood, OH 44107
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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,936 sqft
Price per Sqft $60
Subdivision Hiram B & Charity B Townsends
MLS Listing ID 4500209
Sold Date 02/28/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,968
Year Built 1917
Annual Tax Amount $4,614
Lot Size 9,060 Sqft
Acres 0.208
Property Description
GREAT investment opportunity in desirable LAKEWOOD! Well maintained, all brick 4-plex with 2bdrm/1ba units + a 4000 sqft 2-story, 5-car garage with UNLIMITED potential! Own a bit of Lakewood History - property once owned by first Mayor of Lakewood, Nelson Cotabish. 2nd floor of garage has been workshop/factory for many businesses over the past century. Current owner has invested several thousand on improvements. Property is 100% occupied - Each unit has similar floor plan with features including newer windows, hardwood floors, built-ins and Kitchen appliances. All units have dedicated front & back porches with full shared basement including washer/dryers for each. Individual HWT's & Furnace's -Tenants pay gas & electric. Located just blocks away from some of Lakewood's most popular shops, eateries, parks with close access to I-90, Edgewater & Downtown. ***Seller would prefer but is flexible to sell together with 1475-1481 Coutant Avenue (Four 3 bdrm/1 ba Townhouse style bldg, MLS: 4500179.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Dryer, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Parking Features Detached, Electricity, Garage, Paved, Water Available
Garage Spaces 5.0
Garage Description 5.0
Water Access Desc Public
Roof Type Flat
Accessibility None
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-13-128
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Michelle M Mehaffey • RE/MAX Above & Beyond