Fantastic investment opportunity in the heart of Lakewood! This fully updated duplex delivers excellent cash flow with long-term tenants in place. The first-floor 2-bedroom unit is leased at $1,349/month through July 2026, while the upper 3-bedroom with finished attic is leased at $1,649/month through May 2026. Together, that’s $2,998/month in rental income, with tenants also responsible for gas and electric, keeping owner expenses minimal. Both units have been thoughtfully updated with Shaker cabinetry, quartz countertops, stainless steel appliances, luxury vinyl flooring, and modern bathrooms. The finished third floor adds valuable living space, while classic Lakewood charm remains with a welcoming front porch and balcony. Major updates include newer roof, vinyl windows, modern light fixtures, and freshly painted interior and exterior. A detached two-car garage plus extra parking enhances tenant convenience and property value. Current tenants are on fixed leases but may consider going month-to-month for the next owner, offering flexibility for investors or potential owner-occupants.

Listing courtesy of Kit Custer of RE/MAX Transitions



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