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1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo

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1631 Waterbury Road Lakewood, OH 44107
$450,000
Active / MLS# 5193425 / Multi Unit - Multiple / Lakewood
7 Beds
2 Baths
3347 SqFt

Rare opportunity to acquire a fully renovated Lakewood duplex offering over 3,300 square feet of living space and exceptional rental potential. Renovated in 2022, this property features updated finishes throughout, including granite countertops, stainless steel appliances, modern tile showers, and numerous mechanical improvements. The first-floor unit offers 3 bedrooms and is currently occupied on a month-to-month basis at $1,400 per month. The expansive upper unit encompasses both the second and third floors, offering 4-5 bedrooms and was previously rented for $2,100 per month, with potential for increased rental income in today's market. Whether you're looking to owner-occupy or maximize cash flow, the vacant upper unit provides immediate flexibility. Additional improvements include updated HVAC systems installed in 2018/2019. The property is Point of Sale compliant, allowing a buyer to focus on operations rather than deferred maintenance. Located in one of Northeast Ohio's most sought-after rental markets, residents enjoy easy access to Lakewood's vibrant restaurant scene, shopping, parks, nightlife, and convenient access to Downtown Cleveland. Opportunities to acquire a renovated, large-format duplex in this location are increasingly difficult to find. Ideal for investors seeking strong rental demand or owner-occupants looking to offset their mortgage with rental income. Absolutely no seller financing, no wholesale contracts, END BUYERS ONLY.

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Mortgage Calculator

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

Estimated Payment

$ 1,625.17 per month $1,000.00 Principal & Interest $493.92 Property Tax $131.25 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $5,927 / year
Year Built: 1919

Amenities

Ceiling Fan(s)
Crown Molding
Granite Counters
Natural Woodwork
Balcony

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator
Days on Site: 2
Exterior: Aluminum Siding
Laundry: Common Area, Lower Level
Parcel#: 315-06-156
Parking: Detached, Garage
Patio/Porch: Balcony
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public

Schools

School District: Lakewood City

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Living
Agency Contact: 330-990-3744, michael@themagnogroup.com

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