1535-1537 Lakewood Avenue, Lima, OH 45805
$275,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
3
Status:
Closed
Current Price:
$275,000
List Date:
1/24/2025
Last Modified:
3/12/2025
Description
This charming two-family home in a prime location offers the perfect opportunity to live comfortably and invest smartly. Leverage conventional financing to occupy one unit while renting the other, creating income or a financial safety net. Both units are flexible for short and long-term rentals.
The meticulously maintained property features a low-maintenance concrete exterior, a spacious concrete front porch, and a secure concrete garage with an additional covered porch area. Mature trees and a backyard backing onto Faurot Park provide tranquility and privacy, with easy access to park amenities.
Upper Unit (1535 Lakewood): An inviting landing area leads into an expansive living room. Relax or entertain on your private screened and covered deck. The modern kitchen with essential appliances flows into three spacious bedrooms. Two full baths offer convenience for everyone.
Lower Unit (1537 Lakewood): This unit boasts an inviting living room, perfect for entertaining, and a formal dining room with an elegant bow window. The functional kitchen is equipped with all the necessities. Two well-sized bedrooms and a full bath complete this comfortable living space.
Both units feature refinished hardwood floors and replacement windows, ensuring comfort and energy efficiency. Don't miss this chance to own prime real estate!
More Information MLS# 304586
Location & Property Info
Zoning: Residential
School District: Lima
AssociationY/N: No
General Property Info
Exceptions: 0
Legal Description: LAKEWOOD SUBDIVISION LOTS 253 & 1/2 VAC ST & 254-9 FT E SIDE JOINT TEN FF 119.00 TAX ABATEMENT 2021-2030 #1039
FEMA Flood Zone Y/N: No
Bathrooms Total: 3
Bedrooms Total: 5
Bathrooms Half: 0
Rooms Total: 6
# Of Units Total: 2
Garage Spaces: 2
Bathrooms Full: 3
Year Built: 1911
Tax Info
Parcel #: 36-3512-01-005.000
Tax Annual Amount: 2021
Tax Other Annual Assessment Amount: 68.7
Remarks & Misc
Directions: Lakewood Ave between Cole and Kenilworth
Public Remarks: This charming two-family home in a prime location offers the perfect opportunity to live comfortably and invest smartly. Leverage conventional financing to occupy one unit while renting the other, creating income or a financial safety net. Both units are flexible for short and long-term rentals.
The meticulously maintained property features a low-maintenance concrete exterior, a spacious concrete front porch, and a secure concrete garage with an additional covered porch area. Mature trees and a backyard backing onto Faurot Park provide tranquility and privacy, with easy access to park amenities.
Upper Unit (1535 Lakewood): An inviting landing area leads into an expansive living room. Relax or entertain on your private screened and covered deck. The modern kitchen with essential appliances flows into three spacious bedrooms. Two full baths offer convenience for everyone.
Lower Unit (1537 Lakewood): This unit boasts an inviting living room, perfect for entertaining, and a formal dining room with an elegant bow window. The functional kitchen is equipped with all the necessities. Two well-sized bedrooms and a full bath complete this comfortable living space.
Both units feature refinished hardwood floors and replacement windows, ensuring comfort and energy efficiency. Don't miss this chance to own prime real estate!
Status Change Info
Concession Comments: .
Status Change Date: 2025-03-12
Pending Date: 2025-01-24
Close Date: 2025-03-11
Sold Price: $275,000
Unit 1 Info
Efficiency Y/N: No
# of Bedrooms: 2
# of Full Baths: 1
SqFt: 1496
# of Total Rooms: 6
Unit 1 Features
Dishwasher: 1
Oven: 1
Porch: 1
Refrigerator: 1
Construction Materials
Brick: 1
Concrete: 1
Architectural Style
2 Story: 1
Unit 2 Info
Efficiency Y/N: No
# of Bedrooms: 3
# of Full Baths: 2
SqFt: 2064
Cooling
Central Air: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Unit 2 Features
Balcony: 1
Dishwasher: 1
Extra Storage Space: 1
Oven: 1
Porch: 1
Range: 1
Refrigerator: 1
Possession
Negotiable: 1
Heating
Forced Air: 1
Foundation
Other: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Fair Market: 1
Parking Features
Detached: 1
Garage: 1
Levels
Three Or More: 1
Utilities
Electricity Connected: 1
Water Connected: 1
Water Source
Public: 1
Roof
Asphalt: 1
Patio & Porch Features
Covered: 1
Deck: 1
Porch: 1
Screened: 1
Location Property Info
Current Price: $275,000
Original List Price: 295000
Property Sub Type: Multi Family
Sold Price: $275,000
Status: Closed
List Date: 2024-07-19
Street #: 1535-1537
Street Name: Lakewood
Street Suffix: Avenue
County: Allen
State: OH
Postal Code: 45805
Subdivision Name: Lakewood Subdivision
Property Features
Unit 1 Features: Dishwasher; Oven; Porch; Refrigerator
Unit 2 Features: Balcony; Dishwasher; Extra Storage Space; Oven; Porch; Range; Refrigerator
Architectural Style: 2 Story
Construction Materials: Brick; Concrete
Cooling: Central Air
Foundation: Other
Heating: Forced Air
Levels: Three Or More
Listing Terms: Cash; Conventional; FHA; VA Loan
Parking Features: Detached; Garage
Possession: Negotiable
Roof: Asphalt
Sewer: Public Sewer
Special Listing Conditions: Fair Market
Utilities: Electricity Connected; Water Connected
Water Source: Public
Listing Office:
Superior Plus Realtors
Last Updated: March - 12 - 2025
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