Welcome to 12627 Franklin Blvd in Lakewood, OH! This spacious 6-bedroom, 2-bathroom property presents a fantastic investment opportunity. Partially occupied with a tenant providing $1,400 per month, with a lease ending on 2/26/2025, this property offers immediate cash flow.
The vacant unit is awaiting renovation but has the potential to generate $1,500 in monthly income once rehabbed, offering even greater returns for savvy investors.
Conveniently located near downtown Cleveland, shopping, and vibrant nightlife, this property appeals to both tenants and owners alike. Whether you're looking to expand your investment portfolio or seeking a place to call home with rental income potential, 12627 Franklin Blvd has plenty to offer. Don't miss out – schedule a viewing today and seize this exciting opportunity!
Sold for $327,200 on 05/29/24
$327,200
12627 Franklin Blvd, Lakewood, OH 44107
6beds
--sqft
Duplex, Multi Family
Built in 1913
-- sqft lot
$376,300 Zestimate®
$--/sqft
$1,711 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 30, 2024 at 11:35am
Listing Provided by:
Alex V Johnson 440-389-3883rebroker216@gmail.com,
Real Estate Quest, Inc.
Bought with:
Patrick W Jung, 2015005600
EXP Realty, LLC.
Source: MLS Now,MLS#: 5029287
Originating MLS: Other/Unspecificed
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None, Other
Features
- Basement: Full,Unfinished
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,654 sqft
Details
- Parcel number: 31511171
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding, Wood Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lakewood
- Subdivision: Gerard Companys Sub #1
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$376,300
2% more+$7,526
With Zillow Showcase(estimated)$383,826