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Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Schatzinger & Cotabish
MLS Listing ID 5030626
Sold Date 05/28/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1916
Annual Tax Amount $6,014
Tax Year 2023
Lot Size 6,041 Sqft
Acres 0.1387
Property Description
Introducing 1615 Cohassett Avenue, a charming duplex on a desirable street in Lakewood, Ohio, offering two units, each with two bedrooms and one bathroom. The upstairs unit is maximized for comfort right now, while you put your finishing touches on the first floor and finalize the third floor. The upstairs has brand new central air and a new furnace for day to day comfort. The upstairs has new LVP flooring in the kitchen and has been meticulously cared for and finished by the current owner. The attic has been drywalled with brand new electrical, ready for you to take over the third floor. Don't miss out on this opportunity for comfortable living with investment potential. Per Rentometer, the average monthly rent for a long term tenant in a renovated unit is over $1500 per month. Per AirDNA, short term rentals in this area on comparable properties are grossing an average of $36,000 per year. Other updates include new electrical panels and a new hot water tank on this property with loads of dry basement storage space. Make your appointment today!
Location
State OH
County Cuyahoga
Interior
Heating Gas
Cooling Central Air
Fireplace No
Exterior
Garage Driveway
Waterfront No
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-09-106
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Alex Cruz-Munoz • Berkshire Hathaway HomeService Professional Realty