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$429,900

1485 Orchard Grove Avenue

Lakewood, OH 44107

5 bd·3 ba·2,800 sqft

Listing courtesy of Michael L Magno, Keller Williams Living

About this home

Turnkey Lakewood duplex offering approximately 2,800 square feet, strong rental history, and extensive renovations completed in 2018–2019. The first-floor unit features 2 bedrooms and 1 full bath and is currently rented for $1,325/month. The upper unit offers 3 bedrooms and 2 full baths, including a finished third-floor primary suite, and is rented for $2,025/month. Both tenants are long-term, take excellent care of the property, and both leases run through April 2027. Major updates include HVAC, electrical, windows, interior finishes, a newer garage, and a brand-new concrete driveway. Current gross rent is $3,350/month. A well-maintained, income-producing property with major capital improvements already completed and stable tenancy in place. End Buyers Only, No Wholesalers, No Assignments, No Creative Financing.

Details

MLS #
5249131
Status
Active
Type
Duplex
Year built
1917
Lot size
0.1102 acres
Garage spaces
2.0
County
Cuyahoga
Subdivision
Orchard Grove
Annual taxes
$5,278
Days on market
13