1300 Ethel AVE new Save Request In-Person Tour Request Virtual Tour
Lakewood,OH 44107
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,152 sqft
Price per Sqft $153
Subdivision Richmond Park
MLS Listing ID 5123849
Bedrooms 4
Full Baths 2
Year Built 1919
Annual Tax Amount $5,933
Tax Year 2024
Lot Size 5,601 Sqft
Property Sub-Type Duplex
Property Description
Welcome to your next excellent investment in the heart of Lakewood! This beautifully updated double house perfectly blends modern comforts and classic charm, making it ideal for first-time investors and seasoned landlords. This property has two well-appointed units and promises easy living and consistent rental income. Step into the freshly renovated first-floor unit, which features a new bathroom and sleek kitchen featuring modern cabinets, stylish countertops, and contemporary finishes. Enjoy the warmth of new flooring that flows seamlessly throughout the space, providing a welcoming atmosphere throughout the 1st floor. Each unit offers two thoughtfully designed bedrooms, perfect for families or professionals looking for a cozy retreat. The first-floor and second-floor sunrooms are delightful spots to unwind with a book or enjoy morning coffee. They let in plenty of natural light to brighten your day. A full basement provides ample storage space and a laundry area, simplifying everyday tasks and convenience.
Both units are tenant-occupied, with the first-floor lease extending until March 2026, providing your investment peace of mind and stability. The second-floor unit is on a month-to-month lease, allowing for flexibility should you wish to occupy or adjust rental terms. Long-term tenants demonstrate the desirability of this property and the neighborhood.
The 2-car detached garage enhances accessibility for tenants. The backyard is partially fenced. Nestled in the charming city of Lakewood, this property is just a stone's throw away from an array of stores, restaurants, and local amenities. Enjoy leisurely walks to nearby Lakewood Park, which features a swimming pool and stunning views of Lake Erie. The area boasts excellent schools, making it a prime location for families seeking quality education for their children. The tenants need a day's notice to show
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Central Air,Ceiling Fan(s)
Laundry In Basement,Laundry Tub,Sink
Exterior
Parking Features Driveway,Detached,Electricity,Garage Faces Front,Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Back Yard,Fenced,Partial,Wood
View Y/N Yes
View City
Roof Type Asphalt,Fiberglass
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional