Address
12627 Franklin Boulevard, Lakewood, OH
Price
$ 345,000
Property Attributes
  • ID#5029287
  • TypePending
  • CountyCUYAHOGA
  • CityLakewood
  • NeighborhoodGerard Companys Sub #1
  • Zip44107
  • Style
  • Year Built1913
  • Taxes$ 4656
  • Price$ 345,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size5,654 SqFt
Data Source:
MLSNow
Property Description

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!

Price History
4/8/2024 Listed $345,000

General Features

Sewer PublicSewer
Heating ForcedAir
Cooling None,Other
Possession DeliveryOfDeed
Roof Asphalt,Fiberglass
Garage Spaces 2.0
Construction Materials AluminumSiding,WoodSiding
Year Built 1913
Stories 2
Township Lakewood
Levels Two
Property SubType Duplex
Tax Year 2022
County Cuyahoga
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Gerard Companys Sub #1
Garage Y/N Yes
Total Rooms 13
Status Pending
Directions Triskett Rd turn Left onto W 140th Street. Turn Right onto Franklin Blvd. Destination is .6 mi on your Right.
ModificationTimestamp 2024-05-01T01:18:27.690-00:00
City Lakewood
Buyer Agent Compensation 2.5
View Y/N No
Senior Community Y/N No
High School District Lakewood CSD (Cuyahoga)- 1817
Waterfront Y/N No
Carport Y/N No
Street Name Franklin
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4656.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 22
Standard Status Pending
Middle/Junior School District Lakewood CSD (Cuyahoga)- 1817
Elementary School District Lakewood CSD (Cuyahoga)- 1817
Year Built Source PublicRecords
Property Sub Type Additional Duplex
MobileHomeRemainsYN No
Buyer Agent Compensation Type Item1
Legal Description 21 GERARD 0037 WP

Interior Features

Basement Full,Unfinished
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Street Suffix Boulevard
Total Bedrooms 6
Electric On Property Y/N No
Total Baths 2
Living Area Units SquareFeet

Exterior Features

Parking Features Detached,Garage
Water Source Public
Lot Size Area 0.1298
Number of Buildings 1
Spa No
Lot Size Acres 0.1298
Lot Size Units Acres
Lot Size Source PublicRecords
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 44107

Price
AVG $360K
$350K
Taxes
AVG $5,957
$4,656
Visits
AVG 123
87
Data Provided by Inside Real Estate®
Year Built
AVG 1938
1913

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