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2016 Halstead Avenue

Lakewood, OH 44107
  • $349,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 5037891
$349,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1913
County:
Area:

School Ratings & Info

Description

RARE OPPORTUNITY in LAKEWOOD *** 2 HOUSES on ONE LOT *** Looking for a great investment opportunity and cash flow in Lakewood? Here it is. Close proximity to Downtown Cleveland, the lake, Edgewater Park and Beach. Minutes from Lakewood Park, access to highways, public transit, entertainment options, shopping, and trendy restaurants makes this an ideal location. Close to schools, Madison Park with pool and playground, and Madison library. Front house features 3 bedrooms, finished 3rd floor, updated bathroom (2023), oak cabinets in kitchen, spacious living room and dining room, hardwood flooring, plenty of storage space in the full basement, updated electrical panel, new hot water tank, glass block windows, large front porch. On the back of the lot is a cute and cozy single family home! First floor features an updated kitchen, living room and dining room. There are two bedrooms and an updated full bath on the second floor. Full unfinished basement with laundry hook-up for washer and dryer and plenty of room for storage. New roof on back house. Current rents are below market rates. Rents can be bumped up to increase cash flow. Opportunities with 2 houses on 1 lot in Lakewood don't present themselves very often. If you are looking to expand or start your rental portfolio, or live in one and rent the other, don't miss this one!

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www.clevelandhomefinder.com/homes/150473434
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2016 Halstead Avenue Lakewood, OH 44107

  • Price: $349,000
  • Status: Active
  • On Site: 30 Days
  • MLS #: 5037891
5
Beds
2
Baths
0
½ Baths
0.11
Acres
1913
Built
County:
Cuyahoga
Area:
Lakewood
School District:
Lakewood Csd (Cuyahoga)- 1817
Property Description
RARE OPPORTUNITY in LAKEWOOD *** 2 HOUSES on ONE LOT *** Looking for a great investment opportunity and cash flow in Lakewood? Here it is. Close proximity to Downtown Cleveland, the lake, Edgewater Park and Beach. Minutes from Lakewood Park, access to highways, public transit, entertainment options, shopping, and trendy restaurants makes this an ideal location. Close to schools, Madison Park with pool and playground, and Madison library. Front house features 3 bedrooms, finished 3rd floor, updated bathroom (2023), oak cabinets in kitchen, spacious living room and dining room, hardwood flooring, plenty of storage space in the full basement, updated electrical panel, new hot water tank, glass block windows, large front porch. On the back of the lot is a cute and cozy single family home! First floor features an updated kitchen, living room and dining room. There are two bedrooms and an updated full bath on the second floor. Full unfinished basement with laundry hook-up for washer and dryer and plenty of room for storage. New roof on back house. Current rents are below market rates. Rents can be bumped up to increase cash flow. Opportunities with 2 houses on 1 lot in Lakewood don't present themselves very often. If you are looking to expand or start your rental portfolio, or live in one and rent the other, don't miss this one!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Stucco Exterior Features Garden Playground Private Entrance Rain Gutters Storage Fencing Privacy Garage YN No Levels Two Lot Features Back Yard Front Yard Garden Near Public Transit Parking Features Off Street Pool Features Community Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Appliances Refrigerator Washer Basement Full Unfinished Basement YN Yes Cooling None Cooling YN No Heating Forced Air Heating YN Yes Interior Features Builtin Features Natural Woodwork Laundry Features Washer Hookup Gas Dryer Hookup In Basement Main Level Bathrooms 0

Property Features

Community Features Curbs Fitness Center Lake Laundry Facilities Medical Service Other Playground Park Pool Restaurant Shopping Street Lights Suburban Sidewalks Tennis Courts Public Transportation Direction Faces East Home Warranty YN No Listing Terms Cash Conventional Owner Pays Water Property Sub Type Duplex Sewer Public Sewer Tax Annual Amount 3070 Tenant Pays All Utilities Township Lakewood View City View YN Yes Water Source Public

 
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Howard Hanna
8396 Mentor Ave.
Mentor OH, 44060