1357 Chase Street

Wow 90K price reduction!! Very rare opportunity to own a Single Family house with a detached ADU!! This sale includes two single family detached homes on one oversized lot that have just been completely renovated. 1357 Chase Street is the main house and the ADU address is 1357 1/2. Amazing chance to live in one property and rent out the other house. Either do long-term leases, nightly rentals (see Lakewood rules) or have both separate houses as rentals. The charming main house has 2 bedrooms and 1 bathroom. It has original hardwood flooring throughout and a brand-new renovated kitchen with quartz counters, custom tile backsplash, and brand-new stainless-steel appliances. There is also a large basement with Laundry area, a bonus room and closets, ideal for extra storage or a workspace. There is plenty of parking and a huge private backyard ideal for entertaining, privacy, or gardening. It is also fully fenced and ideal for pets. See the large shed attached in the back. Brand new roof and hot water heater also. The separate ADU house has its own entrance in the rear as well as a private fenced in yard and separate parking. It has been nicely updated and has a great floor plan with plenty of light. The kitchen has new counters and appliances as well as new carpet and vinyl flooring throughout. There is one large bedroom with a loft area and there is a huge den off the kitchen with vaulted ceilings. The ADU has its own washer dryer closet and plenty of storage. There is an incredible amount of development going on all around this property. The property is a few blocks from the light rail station with easy access to I-70, I-25, Downtown or the Mountains and Sloan's Lake.
Buyers should talk to their lender about the Fannie Mae 5% down Multifamily loan when being an owner occupant.