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1617 Hopkins Ave - Located near Lakewood High School, this FULLY occupied duplex operates at over an 11 cap. Current tenants are in 1 year+ leases which creates instant cash flow for your investment. Tenants pay heat and electric, owner pays water and sewer. The roof is approximately 10 years old, appliances stay with the home, including the shared washer and dryer in the basement. Electrical and panel has been updated, furnace with forced air is installed and lower unit tenant pays gas. The updated 50's styling is incorporated throughout both units. The attic offers opportunity to create extra living space if you wanted adn the basement is dry!!! Enjoy nearby all the great restaurants, shops, schools and parks that Lakewood has to offer.

Listing information

  • MLS® ID: 3851293
  • Status: Active
  • New Construction: No
  • Lot Area: 0.10
  • School District: Lakewood Lsd
  • Style: Duplex
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $2,170
  • Year Built: 1913
  • Parking Type Description: Detached 2 cars
  • Total Square Footage: 1,972 ($48.17 per sq. foot)
  • County: Cuyahoga

Features

Amenities Park, Shopping/Mall
Appliances Equipment Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
Available Financing Cash, Conventional, FHA/VA
Basement Detail Full, Unfinished
Basement Y/N Yes
Cooling Type Wall Unit(s)
Disability Features Y/N No
Driveway Paved
Elevator Y/N No
Exterior Aluminum
Fences Full
Garage Features Detached
Heating Fuel Gas
Heating Type Forced Air
Other Baths Total - 2.00, Living Area Total - 2804, Num Of Buildings - 1, Num Of Units - 2
Owner Pays Sewer, Water
Possession Other
Property Subtype Two
Roof Asphalt/Fiberglass
Tenant Pays Cable/Electric Link, Electric, Gas
Water Sewer Public Sewer, Public Water
Listing Courtesy of Keller Williams Grt Cleve SW