Brooke Jones Paulino, Realtor
Refine Search

12905 Arliss Drive, Lakewood, OH 44107

$355,000
  • 12905 Arliss Drive, Lakewood, OH 44107 Main Photo
Virtual Tour

34 Total Photos [Click to View All]

New to the Market Active
BEDS4 BATHS2 full SQUARE FEET2,612 MLS#5228361
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLakewood SCHOOLLakewood City

Property Description

Excellent investment opportunity! This well-maintained duplex is fully occupied with strong in-place cash flow, featuring a lower unit rented at $1,430/month and an upper unit rented at $1,380/month. Tenants pay their own utilities as well. Situated on a quiet cul-de-sac, this property combines reliable rental income with timeless character and an outstanding location. The spacious lower unit showcases beautiful hardwood floors, rich natural woodwork, crown molding, a decorative fireplace, and elegant leaded glass built-ins in the formal dining room. The updated kitchen features granite countertops, ceramic tile flooring, stainless steel appliances, and ample cabinet space. The unit is completed by two comfortable bedrooms and a full bath. The upper unit offers the same classic charm with hardwood floors, natural woodwork, and crown molding throughout the living and dining areas. The kitchen is equipped with granite countertops and appliances, while the enclosed front porch provides additional living space or a relaxing retreat. Two bedrooms and a full bath complete the unit. A walk-up partially finished third floor offers potential for additional living space, storage, or future value-add opportunities (subject to local approvals). Outside, you'll find a two-car garage with a newer door and opener, a spacious backyard, and a desirable location just minutes from parks, shopping, restaurants, and entertainment. With current rental income of $2,780 per month, classic architectural details, and room for future upside, this is an exceptional addition to any investment portfolio. * Photos are from previous occupants, walls have since been painted a different color.*

12905 Arliss Drive | MLS# 5228361

This multi-family property located at 12905 Arliss Drive, Lakewood, OH 44107 is currently listed for sale with an asking price of $355,000. Arliss Drive is located within the Lakewood City school district. Search Lakewood real estate on brookejones.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $6,343 / year
Year Built: 1923

Feature Descriptions

Community Features: Playground, Park
Exterior: Aluminum Siding
Parcel#: 312-28-056
Parking: Detached, Garage, Garage Door Opener, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Lakewood City

Listed By / Shown By

Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: bryangarra.realtor@gmail.com, 330-347-8481

Shown By

Agent Name: Brooke Jones Paulino, Realtor
Agent Phone: (419) 704-9195 Cell
Agency Title: M.C. Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,422.20 per month $790.08 Principal & Interest $528.58 Property Tax $103.54 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel