1379 Westlake Avenue
Lakewood, OH 44107

Listed at $435,000

Details

  • MLS# 5185408
  • Multi Unit - Multiple
  • Status Active
  • 6 Bedrooms
  • 2 full Bathrooms
  • 2,288 Square Feet
  • 0.138 acres
  • Built in 1908
  • Lakewood City Local Schools
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Description

Fantastic income-producing opportunity in the heart of Lakewood! This beautifully updated side-by-side duplex offers the perfect blend of modern upgrades and strong cash flow. Both units have been tastefully remodeled with contemporary kitchens with stainless steel appliances, quartz & granite counters, & whiter shaker style cabinets & bathrooms, updated flooring, fresh paint, & central air for year-round comfort. Each unit features 3 spacious bedrooms, 1 full bath, private basements, and separate laundry, making this property highly desirable for tenants and owner-occupants alike. The home is fully occupied and currently generates $3,350...read more per month in gross rental income, with tenants paying all utilities except water and sewer. Whether youre looking to live in one unit and offset your mortgage or add a solid performer to your investment portfolio, this duplex checks all the boxes. With rents not raised in several years, there is clear upside potential for increased returns. Ideally located near Lakewoods shops, dining, parks, and highways. This is an opportunity you wont want to miss.

Features

  • Dryer
  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Central Air
  • Forced Air, Gas
  • 2.0 Stories
  • $8,122 / year Taxes
  • Public
  • Built in 1908
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Basement: Full, Unfinished
  • Cooling: Central Air
  • Days on Site: 22
  • Exterior: Vinyl Siding
  • Fencing: Fenced, Wood
  • Garage: 2
  • Heating: Forced Air, Gas
  • Laundry: In Basement
  • Lot Size: 0.14 Acres
  • Parcel#: 311-30-124
  • Parking: Driveway, Detached, Garage
  • Roof Type: Asphalt, Fiberglass
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $8,122 / year
  • Water: Public
  • Year Built: 1908