1573 Lakewood AVE Save Request In-Person Tour Request Virtual Tour
Lakewood,OH 44107
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $105
Subdivision Humiston Wehrman & Bradfords
MLS Listing ID 5119164
Bedrooms 7
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,652
Year Built 1911
Annual Tax Amount $7,019
Tax Year 2024
Contingent Inspections
Lot Size 6,616 Sqft
Acres 0.1519
Property Sub-Type Triplex
Property Description
Endless potential and living options in a prime Lakewood location! This legal triplex sits on a great block of Lakewood Avenue between Madison and Franklin, just steps from popular Birdtown entertainment & restaurants. Close to Madison Park pool, & Lakewood Library Madison branch. Fantastic curb appeal. Enjoy the appeal of multiple outdoor space including covered front porch, second story rear porch, and two rear yard patios (one fenced), and a nicely landscaped yard. The spacious lower unit offers 4 bedrooms, while the upper level features a two bedroom and one bedroom unit—ideal for rental income or multi-generational living. Home has several ways to make it your own...as it lays out, convert to a two family, convert to a single family. Two car block construction garage with tandem single doors. With a full unfinished basement (full bath) offers space for storage and workshop. Large two room attic off back hall offers storage, or sets up ideally to create additional finished space. This property is perfect for investors or owner-occupants looking to live and/or earn income in one of Lakewood's anchor neighborhoods. Priced to leave room for updates, improvements and modifications for investor, owner occupant and extended family living arrangements. Truly has appeal to use as single family home. Home has been in the same family for 50 years and previous owner lived in first floor unit. Do not miss out on this wonderful opportunity in today's real estate market.
Location
State OH
County Cuyahoga
Direction West
Rooms
Basement Common Basement,Full,Unfinished
Interior
Interior Features Ceiling Fan(s),Eat-in Kitchen
Heating Forced Air,Gas
Cooling Ceiling Fan(s)
Fireplace No
Window Features Screens,Window Treatments
Appliance Range,Refrigerator
Laundry Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,In Basement,Lower Level,Laundry Tub,Sink
Exterior
Exterior Feature Awning(s),Balcony
Parking Features Driveway,Detached,Electricity,Garage Faces Front,Garage,Off Street
Garage Spaces 2.0
Garage Description 2.0
Fence Back Yard,Fenced,Partial,Vinyl
Water Access Desc Public
View Neighborhood
Roof Type Asphalt,Fiberglass,Shingle,Slate
Porch Balcony
Private Pool No
Building
Lot Description Back Yard,Flat,Front Yard,Landscaped,Level,Near Public Transit,Paved
Faces West
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-11-111
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange