Prime Investment Opportunity in Lakewood – Double Lot Near the Lake! Don’t miss your chance to own the largest lot on Rosalie in the heart of Lakewood, offering endless possibilities! This unique property, nestled on an expansive 80 x 103-foot double lot, combines historic charm with unmatched potential. Rarely does such an opportunity come up in this sought-after neighborhood – it’s truly one of Lakewood's most exciting investment prospects in years! Built in 1917, this spacious 5-bedroom, 1.5-bath home boasts 1,544 square feet of living space across two stories, plus a finished attic – a total of 9 versatile rooms ready for your vision. While the property has endured water damage from burst pipes (kitchen drywall removed, professionally dried, and sprayed to prevent mold), it presents the perfect chance for a savvy buyer to scoop up this "as-is" opportunity and create something spectacular. Imagine restoring the home or exploring redevelopment options on this premier double lot, consolidated in 2024, complete with a mature garden of lush perennials and trees. Due to water damage, only cash or construction loan offers will be considered; water and gas services are currently off and will remain so, but an official land survey comes with the house. Investors and developers will recognize the immense potential here. The land alone is a rare find, and the house is brimming with untapped opportunity. Whether you're looking to flip, renovate, or build your dream property, this is a chance to make your mark in a highly desirable Lakewood location, just a stone's throw from the lake. Opportunities like this don’t come often, especially in such a prime area. This property is priced to attract interest and won’t last long . Call for your appointment today!

Listing courtesy of MLS_NOW / Berkshire Hathaway HomeServices Lucien Realty

Last checked: Checking… • Last updated Oct 31, 2024 • Source: MLS_NOW

MLS# 5074137 — Report a problem