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!
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Lakewood, OH • 44107
Average low and high temperatures (°F)
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36
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75
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65
50
51
40
39
27
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Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Lakewood. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2203 Bunts Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $275,000 and $450,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $450K.