12015 Clifton Boulevard Lakewood, OH 44017

Apartment MLS #: 5240505 Courtesy Of Keller Williams Citywide

Property InformationDescription

A rare opportunity to own an 18-unit apartment building at 12015 Clifton Boulevard, one of Lakewood's most desirable and convenient locations. Just minutes from Edgewater Park, Downtown Cleveland, and Lake Erie, residents enjoy walkable access to public transit, local shops, and popular dining destinations. The property is currently producing income and features modest upgrades while maintaining its original Lakewood character. Many units include refinished hardwood floors, fresh paint, and kitchen and bath improvements with newer appliances in several suites. The building also offers on-site coin laundry for additional income, a new boiler system, and many plumbing and electrical upgrades throughout. While the building is in average overall condition, it provides flexibility for a range of investment strategies - whether kept as a steady turnkey property or renovated into a luxury or boutique apartment community. The rear lot also provides room to add 5+ parking spaces, a valuable feature in this part of Lakewood. A strong investment opportunity in one of Greater Cleveland's most established and high-demand rental corridors, offering location, character, and potential for future growth.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Building Units: 18
  • Cooling System: Window Unit(s)
  • Floors: 4
  • Heating System: Radiant
  • Heating System: Hot Water(Heating)
  • Heating System: Steam
  • Heating System: Natural Gas
  • Heating System: Other (Heating)
  • Legal Description: 21 S/L 56 EP EST .17A 0055 WP
  • MLSID: 5240505
  • Roof Type: Flat
  • Roof Type: Rubber
  • Rooms: Laundry Room
  • Rooms: Basement
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