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1300 Ethel Avenue, Lakewood, OH 44107

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For Sale

$329,750

4 beds2 baths2,152 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $153.23
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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
MLS# 5123849

Courtesy Of Your Home Realty LLC

(216) 496-0443

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Asphalt
  • Heating System
    Forced Air
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt
  • View Type
    City

Map and Directions

Directions to 1300 Ethel Avenue, Lakewood, OH 44107
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Monthly Payment Breakdown

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