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Kremer Realty, Inc

yourwayhome@kremerrealty.com +1(330) 686-2400

$350,000

Est. payment - /mo

4 Beds

2 Baths

2,508 SqFt

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OPEN HOUSE

Sun Nov 24, 12:00pm - 2:00pm

UPDATED:

11/21/2024 02:50 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,508 sqft

Price per Sqft $139

Subdivision High Bridge Park

MLS Listing ID 5084264

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,508

Year Built 1921

Annual Tax Amount $6,098

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Prepare to be Moved! Incredible Investment Opportunity in Lakewood’s West End. Located at 1304-06 Mathews Ave, this well-maintained up-and-down duplex offers a fantastic chance to add a prime rental property to your portfolio. With a total of 2,508 square feet above grade, each unit boasts 2 spacious bedrooms, 1 bath, a dining room, kitchen, and living room. The lower unit includes a bonus flex space perfect for an office or extra storage. Charming original features, including hardwood floors, crown molding, built-in shelves, and fireplaces, are complemented by modern updates. Both kitchens and bathrooms have been upgraded, and the dishwashers and stoves were replaced in 2022. The property is currently fully leased through May 2025, with the downstairs unit renting for $1,500/month and the upstairs unit at $1,100/month. The upstairs tenants are moving out at the end of their lease, offering a great opportunity to increase rent. Additional highlights include front porches for both units, a rear porch for the upper unit, a 2-car garage, attic storage, and an unfinished basement with 2 washer/dryer hookups. Located in a desirable area with many owner-occupants, this property offers strong rental demand—previous vacancies were filled in 24 hours.
Don’t miss this rare opportunity in Lakewood, OH 44107—schedule a showing today!

Location

State OH

County Cuyahoga

Direction East

Rooms

Basement Full, Unfinished

Interior

Heating Gas, Gravity

Cooling None

Fireplace No

Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer

Exterior

Garage Detached, Garage, Paved

Garage Spaces 2.0

Garage Description 2.0

Fence Privacy, Wood

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Accessibility None

Private Pool No

Building

Faces East

Sewer Public Sewer

Water Public

Level or Stories Three Or More, Two

Schools

School District Lakewood Csd (Cuyahoga)- 1817

Others

Tax ID 311-14-072

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Ed Huck • Keller Williams Citywide • teaminfo@edhuckteam.com 440-617-2500

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Kremer Realty, Inc

+1(330) 686-2400

1304-06 Mathews AVE Lakewood, OH 44107

Kremer Realty, Inc

Kremer Realty, Inc

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1304-06 Mathews AVE