2066 Bunts Road, Lakewood, OH 44107

$499,000
7
BD
3
BA
3,600
SqFt

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List Price
$499,000
Status
ACTIVE
MLS#
5247586
Year Built
1923
Bedrooms
7
Bathrooms
3
Half-baths
1
Living Area
3,600
Region
Lakewood
Township
Lakewood
Subdivision / Building
N C Cotabishs Bunts Madison P

Property Description

CASH COW | TURNKEY SHORT-TERM RENTAL BUSINESS | 5+ YEAR RENTAL HISTORY | SELLER FINANCING AVAILABLE Multifamily property with multiple purchase options. Purchase the property as a traditional multifamily investment or owner-occupant property, or purchase the property along with the established short-term rental business. The short-term rental business is being offered as an established, turnkey operation with a 5+ year rental history, existing furnishings, bookings, and operating history. The short-term rental operation has averaged $78,200 in gross annual revenue, with more than $10,000 in Q4 bookings already scheduled. Current owners are also willing to continue managing the short-term rental operation for the new owner. Contact the listing agent for additional details regarding the business sale and management options. Recent improvements and features include roof (2011), windows and siding (2016), electrical panel (2016), heated soundproof garage (2016), furnaces (2017), central air (2017), plumbing (2017), driveway (2022), all-new drywall, 15 feet of granite countertops, outdoor refrigerator, keg fridge, grill, snowblower, private backyard oasis custom 14' x 15' rough-sawn cedar pergola with metal roofing, cedar privacy fence, and a 36-inch, 100,000 BTU fire ring built over a concrete foundation with a dedicated hose connection and built-in tank storage. A waterfall feature and thoughtfully designed outdoor entertaining space complete this turnkey property, making it ready to enjoy or operate from day one. Seller financing available. The seller is willing to finance up to $200,000 for a qualified buyer. Contact the listing agent for additional terms. Verified short-term rental earnings documentation is available to qualified buyers. Buyer to independently verify income, expenses, licensing, zoning, short-term rental requirements, permits, and business transfer details. Open house : Oct 7th 4pm-7pm

Additional Information

Taxes
$5,354
Acres
0.13
Sewer
Public Sewer
Roof
Asphalt, Shingle
Water
Public
Garage Spaces
2
Heating
Forced Air, Gas
Cooling
Central Air
School District
Lakewood CSD (Cuyahoga)- 1817

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Listing Courtesy of: Jacob L. Hamilton, jacobhamiltonllc@gmail.com With Real of Ohio

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