Located near Lakewood High School, this FULLY occupied duplex operates at over an 11 cap. Current tenants are in 1 year+ leases which creates instant cash flow for your investment. Tenants pay heat and electric, owner pays water and sewer. The roof is approximately 10 years old, appliances stay with the home, including the shared washer and dryer in the basement. Electrical and panel has been updated, furnace with forced air is installed and lower unit tenant pays gas. The updated 50's styling is incorporated throughout both units. The attic offers opportunity to create extra living space if you wanted adn the basement is dry!!! Enjoy nearby all the great restaurants, shops, schools and parks that Lakewood has to offer.
Off market
$220,800
1617 Hopkins Ave, Lakewood, OH 44107
4beds
1,972sqft
Two
Built in 1913
-- sqft lot
$220,800 Zestimate®
$112/sqft
$1,398 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,972 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 4,199 sqft
Details
- Parcel number: 31515036
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Two
Materials
- Roof: Asphalt
Condition
- Year built: 1913
Community & neighborhood
Location
- Region: Lakewood
Other
Other facts
- Driveway: Paved
- Property Subtype: Two
- Water Sewer: Public Sewer, Public Water
- Exterior: Aluminum
- Last Change Type: Pending
- Amenities: Park, Shopping/Mall
- Available Financing: Cash, Conventional, FHA/VA
- Fences: Full
- Living Area Source: Realist
- Geocode Source: Bing
- Contingent Type: Appraisal, Inspections
- State: Ohio
- Association: Northern Ohio Regional MLS
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$220,800
2% more+$4,416
With Zillow Showcase(estimated)$225,216