1559 Hopkins AVE, Lakewood, OH 44107
1559 Hopkins AVE, Lakewood, OH 44107
1559 Hopkins AVE, Lakewood, OH 44107
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Vito Dipierro

Vito Dipierro

+1(216) 906-2819
$319,900
Est. payment /mo
5 Beds
2 Baths
2,884 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $110

Subdivision Henry Beach

MLS Listing ID 5224574

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,901

Year Built 1903

Annual Tax Amount $4,791

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Duplex

Property Description

Magnificent Lakewood duplex! Attention investors & owner-occupants—this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property—it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1,700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Dryer, Range, Refrigerator, Washer

Laundry In Basement

Exterior

Parking Features Driveway, Gravel

Utilities Available Sewer Not Available

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Story 3

Sewer None

Water Public

Level or Stories Three Or More

Schools

School District Lakewood Csd (Cuyahoga)- 1817

Others

Tax ID 315-14-104

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IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653

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Vito Dipierro

Vito Dipierro

+1(216) 906-2819

Broker | License ID: 2002013310

Broker License ID: 2002013310

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