2016 Halstead AVE Lakewood, OH 44107

RARE OPPORTUNITY in LAKEWOOD *** 2 HOUSES on ONE LOT *** Looking for a great investment opportunity and cash flow in Lakewood? Here it is. Close proximity to Downtown Cleveland, the lake, Edgewater Park and Beach. Minutes from Lakewood Park, access to highways, public transit, entertainment options, shopping, and trendy restaurants makes this an ideal location. Close to schools, Madison Park with pool and playground, and Madison library. Front house features 3 bedrooms, finished 3rd floor, updated bathroom (2023), oak cabinets in kitchen, spacious living room and dining room, hardwood flooring, plenty of storage space in the full basement, updated electrical panel, new hot water tank, glass block windows, large front porch. On the back of the lot is a cute and cozy single family home! First floor features an updated kitchen, living room and dining room. There are two bedrooms and an updated full bath on the second floor. Full unfinished basement with laundry hook-up for washer and dryer and plenty of room for storage. New roof on back house. Current rents are below market rates. Rents can be bumped up to increase cash flow. Opportunities with 2 houses on 1 lot in Lakewood don't present themselves very often. If you are looking to expand or start your rental portfolio, or live in one and rent the other, don't miss this one!