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1580 Mars AVE Lakewood, OH 44107
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Key Details
Sold Price $2,000,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Mars E Wagar
MLS Listing ID 5089700
Sold Date 09/04/25
HOA Y/N No
Year Built 1915
Annual Tax Amount $40,866
Tax Year 2023
Lot Size 1.979 Acres
Acres 1.9787
Property Sub-Type Apartment
Property Description
*10 SINGLE FAMILY HOMES AND 4 DOUBLES* Totaling 18 Doors. No Efficiencies & No 1 Bedrooms! This Incredible Opportunity is at an Attractive Cap Rate Already AND Rents are Under Market, so Grab this Opportunity to Boost Income without Investing more Money! Truly an Above Average Overall Condition as Seen by Photos.
This SOLID Portfolio of Homes has Professional Management in Place and RENTS FLOWING IN! All Properties are in Excellent Locations which Offer Safety for Tenants and for the Investment, which Boasts Appreciation + Cash Flow! Locations Include LAKEWOOD (44107), PARMA (44129 and 44134), PARMA HEIGHTS (44130) and CLEVELAND'S OLD BROOKLYN NEIGHBORHOOD (44109)!
Addresses are as Follows: 1578-1580 Mars Ave - Lakewood | 3111 Maplecrest Ave - Parma | 7923 Lanyard Ave - Parma | 7612 Deerfield Dr - Parma | 4804-4806 Pershing Ave - Parma | 6403 Theota Ave - Parma | 5514 Haverhill Ave - Parma | 5254 W 83rd St - Parma | 6876 Beresford Ave - Parma Hts | 5802 Northcliff Ave - Cleveland | 5013 Vandalia Ave - Cleveland | 3911 Archmere Ave - Cleveland | 4006 Archmere Ave - Cleveland
Rent Roll / Financials / Additional Photos and Property Specifics are Available for Serious and Qualified Interest!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Present Use Multi-Family,Residential,Single Family
Building
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 314-02-112
Acceptable Financing Cash, 1031 Exchange, Other, Private Financing Available
Listing Terms Cash, 1031 Exchange, Other, Private Financing Available
Financing Other,Private
Special Listing Condition Standard
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Bought with Brad A Miklovich • Keller Williams Chervenic Rlty
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