Rare Lakewood four-unit investment opportunity available now! This 4,235 square foot property features four spacious 2 bed / 1 bath units, several with bonus rooms. Each apartment offers formal dining rooms, decorative fireplaces, attractive hardwood floors, and abundant natural light throughout. There is also plenty of space to relax outside on the expansive, two-story front porch.
The interiors have been thoughtfully updated with modern finishes, including renovated kitchens and baths and stainless-steel appliances. The building has undergone extensive capital improvements: a brand-new two-story rear porch, new front porch columns and flooring, new water heaters and furnaces, upgraded electric panels, and significant copper re-piping. Additional property highlights include five off-street parking spaces at the rear of the property and coin-operated laundry in the shared basement for supplemental income. Most major improvements are complete, leaving a new owner to benefit from stable income and minimal deferred maintenance. The location adds to the appeal, surrounded by Lakewood’s top amenities, restaurants, and grocery options, and the ongoing Studio West 117 redevelopment just steps away.