Lakewood, OH 44107,1565 Newman AVE
Lakewood, OH 44107,1565 Newman AVE
Lakewood, OH 44107,1565 Newman AVE
34
$325,000
$314,900
3.2%
Est.Price: ?

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6 BD
3 BA
3,539 SqFt

1565 Newman AVE Lakewood, OH 44107

Est. payment /mo
SOLD DATE : 10/19/2021

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Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,539 sqft

Price per Sqft $91

Subdivision Birdtown Heights

MLS Listing ID 4314202

Sold Date 10/19/21

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,539

Year Built 1898

Annual Tax Amount $3,945

Lot Size 7,448 Sqft

Acres 0.171

Property Sub-Type Triplex

Stories Two

Story Two

Property Description

Inspected, cash flowing & ready to sell! A legal triplex w/ 1, 2 & 3 bedroom units, monthly gross of $3,000. An owner-occupant can purchase to live here & have the other units cover most-to-all expenses then keep this property as pure investment income after accumulating cash while living at this property to purchase another. The numbers also work for investors. The property has many updates; each unit has its own gas/ electric meters; its own entry & laundry. On a large lot with ample parking & yard space (room for multiple-car parking). The 3 BR unit ($1,050/mo) is the upper level, has a very cool layout with an open concept & in-suite laundry. The 2 BR unit ($1,125/mo) has just recently been remodeled in 2020 with new flooring throughout, a new bathroom with tile surround, new kitchen featuring stainless appliances, butcherblock counters and all new cabinets. The 1 BR unit ($850/mo) has updates just completed this year and is toward the side/back with a dedicated living room, dining

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling Other

Fireplace No

Appliance Dryer, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features No Garage, Paved, Unpaved

Fence Chain Link, Partial

View Y/N Yes

Water Access Desc Public

View City

Roof Type Asphalt,Fiberglass

Building

Lot Description < 1/2 Acre

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Lakewood Csd (Cuyahoga)- 1817

Others

Tax ID 315-14-066

Financing FHA

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Northern Ohio Regional MLS (YES-MLS)
Listed by chris Schlenkerman • RE/MAX Crossroads Properties
Bought with Michael J Mooneyham • Keller Williams Citywide

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Samantha Welch

Samantha Welch

Agent | License ID: C2010001984

+1(740) 238-1838

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