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Lakewood,OH 44107
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $128
Subdivision Pleasant Hill
MLS Listing ID 5122441
Bedrooms 7
Full Baths 2
Year Built 1898
Annual Tax Amount $5,496
Tax Year 2024
Lot Size 4,599 Sqft
Property Sub-Type Duplex
Property Description
Fantastic Investment Opportunity in the Heart of Lakewood! This well-maintained duplex offers two spacious units, each with 3 bedrooms and 1 bath, ideal for maximizing rental income. The lower unit features a generously sized kitchen and bath—both updated with functional finishes to meet today's rental expectations—along with private access to the basement for added storage and laundry. The upper unit features 3 bedrooms and 1 bath, and includes exclusive access to a finished third-floor bonus room—perfect as a fourth bedroom, office, or flexible living space. The property has a brand new oversized concrete driveway, This upgrade is a rare find and a major advantage in the Lakewood community.
Improvements include, Updated kitchen and baths, freshly painted, new flooring, new windows, newer hot water tank, and newer furnace, new driveway—all contributing to low-maintenance ownership. This duplex is located in Lakewood, with easy access to shops, dining, parks, and public transit.
Current market rents in the area support $1,450-1,600. per unit, making this a strong addition to any investment portfolio. Don't miss your chance to own a reliable, income-generating property in a high-demand area.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Driveway
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional