Calling all investors and house hackers! This turnkey duplex offers the perfect opportunity to generate immediate income while minimizing maintenance and maximizing future potential. Each side features 1,712 square feet with 5 bedrooms, 2 bathrooms, a 1-car attached garage, central A/C, private fenced backyard, and thoughtful updates throughout. Both units have been extensively remodeled with newer kitchens, bathrooms, flooring, mechanical systems, sewer lines, radon systems, furnaces, water heaters, and more - making this a truly low-maintenance investment. The main levels of both units feature hardwood floors, spacious living rooms, updated kitchens, 2 bedrooms, and a full bath. Finished basements offer 3 additional bedrooms, another full bath, laundry, and comfortable carpeted living space - creating flexible layouts ideal for tenants or owner occupants alike. 5870 is currently rented through mid-July at just under $3,000/month, while 5880 is vacant and ready for its next owner or tenant. Whether you want to owner occupy while offsetting your mortgage or fully lease both sides for approximately $6,000/month in rental income, the options are endless. The oversized lot also presents incredible future upside with room to potentially add an ADU or third unit to further increase cash flow. Conveniently located near 6th Avenue for easy commuting and just minutes from Belmar’s shopping, restaurants, grocery stores, and entertainment, this is a rare opportunity to own a move-in ready duplex with strong income potential in a prime Lakewood location.
Lease Term
Long Term3,424 Sq Ft
0.45 Private Acres Lot Size
other
US$363 Monthly Tax
Built in 1965
MLS/Listing ID 8424631
Concrete Perimeter
Heating - Forced Air
Pantry
Open Floor Plan
Laminate Countertops
High Ceilings
In Unit Laundry
Washer
Sump Pump
Refrigerator
Oven
Microwave
Dryer
Disposal
Dishwasher
Style - Contemporary
Construction - Frame
Carpet
Linoleum
Tile
Vinyl
Natural Wood
Full
Fire Pit
Lighting
Private Yard
Rain Gutters
Cooling - Central Air
Construction - Brick
Public Water
Public Sewer
Composition
Patio
Parking - Concrete
Parking - Exterior Access Door
Parking - Finished Garage
Parking - Storage
Lot - Level
Lot - Near Public Transit
In Basement