2191 Lincoln Ave Lakewood, OH 44107
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 2191 Lincoln Ave
- Year built
- 1928
- Property type
- Small apartment buildings
Description
This charming two-unit apartment building, located at 2191 Lincoln Avenue in Lakewood, Ohio, presents a fantastic investment opportunity. Built in 1928, this property sits on a sizable 6,098.4 square foot lot and is offered at $289,500, translating to $109.99 per square foot. The building features updated electrical systems and central air conditioning, enhancing both tenant comfort and property value. Each unit benefits from the convenience of a shared laundry area located in the basement, equipped with both electric and gas dryer connections. Residents also enjoy the benefit of two parking spaces. The property is connected to city sewer and utilizes gas and electric utilities. This well-maintained duplex offers a strong potential for rental income and appreciation in the desirable Lakewood, Ohio (zip code 44107) market. Its location in Cuyahoga County provides easy access to local amenities and transportation. This is an excellent opportunity for investors seeking a solid, income-generating property in a thriving community. The property's size and features make it an attractive option for both seasoned investors and those new to the multifamily market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7947482
- Latitude
- 41.4718375
