Hiram M & C B Townsends Allot Real Estate

Welcome to Hiram M & C B Townsends Allot, a charming subdivision nestled in the heart of Lakewood, Ohio. This delightful community offers a unique blend of suburban tranquility and urban convenience, making it an ideal place to call home.

Hiram M & C B Townsends Allot is characterized by its picturesque tree-lined streets, well-maintained homes, and a friendly neighborhood atmosphere. The architecture here reflects a variety of styles, showcasing the rich history and character of Lakewood. Whether you’re seeking a cozy bungalow or a spacious family home, you’ll find a diverse selection of properties that cater to all tastes and budgets.

Lakewood is renowned for its vibrant community spirit, and Hiram M & C B Townsends Allot is no exception. Residents enjoy easy access to an array of local parks, recreational facilities, and scenic waterfronts along Lake Erie. The nearby Lakewood Park, with its stunning views and walking trails, is perfect for outdoor enthusiasts and families looking to spend quality time together.

In addition to its natural beauty, this subdivision is conveniently located near a variety of shopping, dining, and entertainment options. The bustling downtown area of Lakewood is just a stone’s throw away, offering a plethora of trendy cafes, unique boutiques, and lively nightlife.

With its prime location, welcoming community, and rich amenities, Hiram M & C B Townsends Allot is more than just a place to live; it’s a wonderful lifestyle waiting to be embraced. Come and discover the charm of this exceptional neighborhood today!

Newest Listings in Hiram M & C B Townsends Allot

$600,000

8 Beds ⋅ 4 Baths ⋅ 5227228 MLS

Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 2 bedroom, 1 bathroom apartments and is currently generating $5,025 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Includes a second building with a four car garage and an expansive unfinished space above, potential for another 2 or 3 bedroom unit! Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 11713 Nelson Ct, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!

1497 Coutant Avenue, Lakewood

$1,000,000

5226008 MLS

Rare Lakewood Investment Opportunity! This exceptional multifamily offering features two fully occupied quadruplex buildings on a single parcel, providing investors with immediate cash flow in one of Northeast Ohio’s most sought-after rental markets. Currently operating at 100% occupancy, the property generates an impressive $8,655 per month in gross rental income. In addition to the eight residential units, the property includes a separate 4-car garage building with a substantial unfinished space above, presenting a compelling value-add opportunity. With the appropriate approvals, this expansive area offers the potential to create an additional 2-3 bedroom unit, allowing investors to further increase rental income and maximize returns. Located in highly desirable Lakewood, tenants enjoy convenient access to shopping, dining, entertainment, schools, parks, and downtown Cleveland. Opportunities to acquire a stabilized, income producing asset with built in upside potential in this market are increasingly rare. Whether you’re looking to expand your portfolio with a strong-performing asset or unlock additional value through adding a unit and increasing rents, this property offers the ideal combination of stable cash flow, prime location, and significant upside potential.

1497 Coutant Avenue, Lakewood

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