Vision Sales Team

2203 Bunts Road

Lakewood, OH 44107

MLS#: 5235097

$475,000

Status: Active
Listing number: 5235097
Listing provided by: EXP Realty, LLC.
Listing agent phone: None
Last update: 7 days ago
On site: 7 days ago
Browse Properties
E G Gilberts 01 - Residential Income

Property

Beds

6

Full Baths

3

1/2 Baths

None

Year Built

1920

Sq.Footage

2,930

RARE Lakewood investment opportunity! Welcome to 2203 Bunts Rd, a legally grandfathered TRIPLEX offering an excellent setup for investors or an owner occupant looking to house hack! The first floor is 3 Bed 1 bath, second one is 2 bedrooms and 1 full bath and they are all currently fully rented, with tenants responsible for their own utilities. First floor is leased for $1550 until 04/01/2028. Second floor is leased for $1200 until 03/01/2027 as the tenant cuts the grass, and takes care of the property. It was rented for $1500 previously. The second floor also has a sun room/reading room. The third-floor unit features 1 bedroom, 1 full bath, and its own kitchen, with a month-to-month tenant paying $950 a month. All 3 units have been remodeled in the last 10 years, this includes kitchen, flooring, countertops, trims, and similar. LOCATION, LOCATION, LOCATION! Enjoy everything Lakewood has to offer with Rising Star Coffee Roasters, Angelo's Pizza, parks, schools, shopping, restaurants, and entertainment nearby, plus easy access to Downtown Cleveland. Even more exciting is the major transformation currently underway along Bunts Road! The City of Lakewood's Bunts Road Rehabilitation Project includes a complete roadway reconstruction along with new water and sewer infrastructure, improved sidewalks and curbs, a new multipurpose path, decorative streetlights, buried electrical lines, and other improvements designed to enhance the corridor for pedestrians, cyclists, and drivers. Whether you're looking to add a solid 3-family property to your portfolio or live in one unit while collecting rent from the others, this is a GREAT HOUSE HACKING AND INVESTMENT OPPORTUNITY, it can also be a great Airbnb! Legally grandfathered as a triplex and ready for its next owner. Schedule your showing today!

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    3

  • Above Grade Finished Area

    2930.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Vinyl Siding

  • Parking

    Detached, Garage, Paved

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1332

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $475,000

  • Tax Amount

    $8,810

  • Sq. Footage

    2,930

  • Price/SqFt

    $162

HOA

  • Association

    No

School District

  • Elementary School

    Lakewood CSD (Cuyahoga)- 1817

  • Middle School

    Lakewood CSD (Cuyahoga)- 1817

  • High School

    Lakewood CSD (Cuyahoga)- 1817

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Lakewood CSD (Cuyahoga)- 1817

Middle School

Lakewood CSD (Cuyahoga)- 1817

High School

Lakewood CSD (Cuyahoga)- 1817

Listing Courtesy of George Vujadinovic , EXP Realty, LLC.

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Agent Carla Ponikvar

Agent / Realtor®

Carla Ponikvar

Call Carla today to schedule a private showing.

(330) 760-3338

CarlaP@visionsalesteam.com


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RARE Lakewood investment opportunity! Welcome to 2203 Bunts Rd, a legally grandfathered TRIPLEX offering an excellent setup for investors or an owner occupant looking to house hack! The first floor is 3 Bed 1 bath, second one is 2 bedrooms and 1 full bath and they are all currently fully rented, with tenants responsible for their own utilities. First floor is leased for $1550 until 04/01/2028. Second floor is leased for $1200 until 03/01/2027 as the tenant cuts the grass, and takes care of the property. It was rented for $1500 previously. The second floor also has a sun room/reading room. The third-floor unit features 1 bedroom, 1 full bath, and its own kitchen, with a month-to-month tenant paying $950 a month. All 3 units have been remodeled in the last 10 years, this includes kitchen, flooring, countertops, trims, and similar. LOCATION, LOCATION, LOCATION! Enjoy everything Lakewood has to offer with Rising Star Coffee Roasters, Angelo's Pizza, parks, schools, shopping, restaurants, and entertainment nearby, plus easy access to Downtown Cleveland. Even more exciting is the major transformation currently underway along Bunts Road! The City of Lakewood's Bunts Road Rehabilitation Project includes a complete roadway reconstruction along with new water and sewer infrastructure, improved sidewalks and curbs, a new multipurpose path, decorative streetlights, buried electrical lines, and other improvements designed to enhance the corridor for pedestrians, cyclists, and drivers. Whether you're looking to add a solid 3-family property to your portfolio or live in one unit while collecting rent from the others, this is a GREAT HOUSE HACKING AND INVESTMENT OPPORTUNITY, it can also be a great Airbnb! Legally grandfathered as a triplex and ready for its next owner. Schedule your showing today!

2203 Bunts Road

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