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Address
1489 Newman Ave, Lakewood, OH
Price
$ 250,000
Property Attributes
  • MLS#4488819
  • TypeMulti-Family
  • CountyCUYAHOGA
  • CityLakewood
  • Zip44107
  • Style
  • Price$ 250,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2829
  • Lot Size5,079 SqFt
Data Source:
MLSNow
Property Description

Charming 2 Unit Multi-Family Home nestled in the heart of Lakewood, Ohio. This multi-family home with a slate roof & tons of natural woodwork offers the perfect blend of vintage charm and modern convenience. The home features a welcoming front porch, perfect for enjoying warm summer evenings or greeting neighbors passing by. In addition to its comfortable living spaces, this two-unit multi-family home offers a lucrative investment opportunity...average 2 bedroom rents in the area are $1300+ per month. Many updates have been done including thermal pane vinyl windows, waterproofing, drain tiles to street replaced, newer siding & more! Whether you choose to rent both units or occupy one & rent the other, this property presents a versatile investment with long-term potential. Lakewood, Ohio, is renowned for its vibrant community & amenities. Residents of this home can enjoy: Proximity to Edgewater Beach, Whiskey Island Marina and Lakewood Park, a scenic lakeside park with a promenade, playgrounds, and stunning lake views. Easy access to Lakewood's eclectic dining scene, featuring a wide range of restaurants, cafes, and bars. Schools, public services, and healthcare facilities within close reach. Convenient public transportation options & easy access to downtown Cleveland, Ohio City & Gordon Square for work or entertainment. Don't miss your chance to own a piece of Lakewood's history while enjoying the tranquility & charm of this exciting city!

Price History
9/12/2023 Listed $245,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44107

Price
AVG $360K
$250K

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