1485 Orchard Grove Avenue, Lakewood, OH 44107

$429,900
5
BD
3
BA
2,800
SqFt

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List Price
$429,900
Status
ACTIVE
MLS#
5249131
Year Built
1917
Bedrooms
5
Bathrooms
3
Living Area
2,800
Region
Lakewood
Township
Lakewood
Subdivision / Building
Orchard Grove

Property Description

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.

Additional Information

Taxes
$5,278
Acres
0.11
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
School District
Lakewood CSD (Cuyahoga)- 1817

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Listing Courtesy of: Michael L Magno, michael@themagnogroup.com With Keller Williams Living

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