1246 Cook AVE Lakewood, OH 44107
5 Beds
3 Baths
3,022 SqFt
OPEN HOUSE
Sat May 03, 12:00pm - 2:00pm
Sun May 04, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,022 sqft
Price per Sqft $155
MLS Listing ID 5119050
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,022
Year Built 1920
Annual Tax Amount $9,336
Tax Year 2024
Lot Size 4,748 Sqft
Acres 0.109
Property Sub-Type Triplex
Property Description
The first-floor unit features 1,306 square feet and includes two bedrooms, one full bathroom, and a versatile bonus room ideal. This unit is currently occupied by a tenant through July 1st, offering immediate rental income. The second-floor unit, also updated, includes 1,144 square feet of living space with two bedrooms, one bathroom, and a similar bonus room layout that enhances tenant appeal. This unit will be occupied by a tenant through July 10th. The third-floor unit is a charming 575-square-foot studio, complete with a full bathroom and a private top balcony—perfect for capturing rental demand from young professionals or short-term tenants. This unit's tenant has a lease in place through August 17th. The total rental income from all three units equals $3900 with ample potential for increased income over time.
All three units have been thoughtfully updated with newer appliances, modern flooring, stylish vanities, and contemporary lighting. Recent improvements to the property include a newer roof and gutters (2017), a waterproofed basement with sump pump (2024), central air conditioning in units 1 and 2 (2019), and 2 newer hot water tanks (2023).
Outdoor features include a partially fenced yard with a patio area for recreation, a two-car detached garage, and a paved driveway that provides ample off-street parking. Situated close to Lakewood Park and within walking distance of the city's vibrant dining, shopping, and entertainment scene, this triplex combines excellent location, updated features, and immediate rental income —making it a smart addition to any real estate portfolio.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Sump Pump
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Appliance Dryer, Dishwasher, Range, Refrigerator, Washer
Laundry None
Exterior
Parking Features Driveway, Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 312-13-012
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard