1587 Cohassett Ave, Lakewood, OH 44107

Welcome to 1587-1589 Cohassett Ave., a Fantastic Investment or Owner-Occupant Opportunity in Prime Lakewood! Perfectly situated on a charming tree-lined street with grand homes, this beautifully updated two-family home offers incredible flexibility—whether you're an investor seeking rental income, an owner-occupant looking to offset your mortgage, or in need of a multi-generational living arrangement. This spacious property features a 2-bedroom, 1-bathroom first-floor unit and a 3-bedroom, 2-bathroom second unit that spans the 2nd and 3rd floors. Both units have been thoughtfully updated with new flooring throughout, refreshed kitchens and baths, and modern finishes. The first-floor unit boasts a light-filled living room that flows seamlessly into the dining area, plus an updated eat-in kitchen with sleek quartz countertops, new cabinetry, and new stainless steel appliances. Upstairs, the second unit mirrors the main layout and includes an expansive 3rd-floor suite with a private full bath, offering extra space and functionality. Additional highlights include a brand-new roof (2025), 2 new electrical panels and a sub-panel heading up to the 3rd floor, fresh paint, and new recessed lighting plus fans and new fixtures throughout. A large basement provides extra storage, while the detached large 2-car garage and extended driveway offer ample parking for your tenants. Enjoy outdoor living on the welcoming front porch and nice-sized backyard. With top-rated schools, parks, dining, shopping, and entertainment all nearby—plus easy access to downtown Cleveland and Hopkins Airport in just 10 minutes—this is an exceptional opportunity you won’t want to miss. Schedule your private showing today!