For more information regarding the value of a property, please contact us for a free consultation.
1304-06 Mathews AVE Lakewood, OH 44107
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,508 sqft
Price per Sqft $139
Subdivision High Bridge Park
MLS Listing ID 5084264
Sold Date 12/20/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,508
Year Built 1921
Annual Tax Amount $6,098
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Prepare to be Moved! Incredible Investment Opportunity in Lakewood's West End. Located at 1304-06 Mathews Ave, this well-maintained up-and-down duplex offers a fantastic chance to add a prime rental property to your portfolio. With a total of 2,508 square feet above grade, each unit boasts 2 spacious bedrooms, 1 bath, a dining room, kitchen, and living room. The lower unit includes a bonus flex space perfect for an office or extra storage. Charming original features, including hardwood floors, crown molding, built-in shelves, and fireplaces, are complemented by modern updates. Both kitchens and bathrooms have been upgraded, and the dishwashers and stoves were replaced in 2022. The property is currently fully leased through May 2025, with the downstairs unit renting for $1,500/month and the upstairs unit at $1,100/month. The upstairs tenants are moving out at the end of their lease, offering a great opportunity to increase rent. Additional highlights include front porches for both units, a rear porch for the upper unit, a 2-car garage, attic storage, and an unfinished basement with 2 washer/dryer hookups. Located in a desirable area with many owner-occupants, this property offers strong rental demand—previous vacancies were filled in 24 hours.
Don't miss this rare opportunity in Lakewood, OH 44107—schedule a showing today!
Location
State OH
County Cuyahoga
Direction East
Rooms
Basement Full, Unfinished
Interior
Heating Gas, Gravity
Cooling None
Fireplace No
Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Fence Privacy, Wood
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Private Pool No
Building
Faces East
Sewer Public Sewer
Water Public
Level or Stories Three Or More, Two
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 311-14-072
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Read Less
Bought with Ashley Pertz • Howard Hanna