1656 Victoria Avenue, Lakewood, OH 44107

Property Description

Introducing a fantastic investment opportunity in the heart of Lakewood, Ohio! This fully rented duplex is a rare gem, generating $2800 monthly with both units currently rented at $1400 each. The upper unit boasts potential for significant value addition, featuring a third floor that can be transformed into one or even two extra bedrooms, maximizing rental income. Both units are beautifully updated, offering modern comforts while retaining classic charm. Hardwood floors flow throughout, and the second unit benefits from a newly renovated bathroom. Each unit enjoys a spacious front porch, with the second unit's porch enclosed, making it a cozy retreat during the winter months. Situated in an ideal spot in Lakewood, this property is within walking distance to a variety of restaurants, trendy coffee shops, and other local amenities, providing a vibrant and convenient lifestyle for tenants. The neighborhood is highly walkable, enhancing its appeal for renters. Proximity to major highways ensures easy commutes, while the nearby Lake Erie/Edgewater area and downtown Cleveland offer abundant recreational and entertainment options. This property has been meticulously maintained by a conscientious owner, evident in every detail. With nothing else like it on the market, this duplex represents a fantastic deal that won't last long. Don't miss out on this exceptional investment opportunity in a sought-after location!