1535 Lakewood Ave Avenue, Lima, OH 45805
$275,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
3,560
Lot Size (sq. ft.):
22,956
Status:
Closed
Current Price:
$275,000
List Date:
1/24/2025
Last Modified:
3/12/2025
Description
This charming home has been configured as two-family property in a prime location. It 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. Or, perfect for extended family. Or, the home could be easily reconfigured as single-family home. Or, Both units are flexible for short and long-term rentals. Regardless, 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# 304625
Location Property Info
Current Price: $275,000
Property Sub Type: Single Family Residence
Sold Price: $275,000
Status: Closed
List Date: 2024-07-23
Street #: 1535
Street Name: Lakewood Ave
Street Suffix: Avenue
County: Allen
State: OH
Postal Code: 45805
Subdivision Name: Lakewood Subdivision
OfficeContract Info
Original List Price: 295000
General Property Info
Lot Size Dimensions: 108 x 200
Lot Size Acres: 0.527
Lot Size Square Feet: 22956.12
Living Area SqFt: 3560
Basement Y/N: Yes
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
Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Rooms Total: 10
Fireplace Y/N: Yes
Garage Spaces: 2
Private Pool Y/N: No
Year Built: 1911
Tax Info
Parcel #: 36-3512-01-005.000
Tax Annual Amount: 2021
Tax Other Annual Assessment Amount: 68.7
Status Change Info
Status Change Date: 2025-03-12
Pending Date: 2025-01-24
Concession Comments: .
Close Date: 2025-03-11
Sold Price: $275,000
Sold Price/SqFt: 77.25
Property Features
Appliances: Dishwasher; Oven; Range; Refrigerator; See Remarks
Architectural Style: 2 Story
Basement: Block; Full; Unfinished
Construction Materials: Concrete
Cooling: Central Air
Dining Room Features: Formal; Kitchen/Dinette; Living/Dining Room Combo
Exterior Features: See Remarks
Fireplace Features: Living Room
Flooring: Hardwood; See Remarks
Foundation: See Remarks
Heating: Forced Air
Levels: Three Or More
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Rolling Slope; Shaded Lot; Wooded
Other Structures: Garage(s)
Parking Features: Detached
Possession: Negotiable
Property Condition: Updated/Remodeled
Sewer: Public Sewer
Special Listing Conditions: Fair Market
Showing Considerations: Occupied
Utilities: Electricity Connected; Natural Gas Connected; Water Connected
Water Source: Public
Room Types: Bedroom 1; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Other Room
Room Information
Living Room
Level: First
Length: 16.00
Width: 13.00
Dining Room
Level: First
Length: 16.00
Width: 13.00
Remarks: With Bow Window
Kitchen
Level: First
Length: 19.00
Width: 13.00
Bedroom 1
Level: First
Length: 14.00
Width: 10.00
Bedroom 2
Level: First
Length: 13.00
Width: 11.00
Living Room
Level: Second
Length: 33.00
Width: 14.00
Other Room
Level: Second
Length: 12.00
Width: 10.00
Remarks: screened porch
Kitchen
Level: Second
Length: 19.00
Width: 11.00
Bedroom 1
Level: Second
Length: 14.00
Width: 10.00
Bedroom 2
Level: Second
Length: 15.00
Width: 13.00
Bedroom 3
Level: Third
Length: 24.00
Width: 18.00
Listing Office: Superior Plus Realtors
Last Updated: March - 12 - 2025
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