NOT LISTED FOR SALE

1357 Beach Ave Lakewood, OH 44107

8 Beds
4 Baths
5,220 Sq Ft
10,080 Sq Ft Lot

Last Sold February 21, 2023

Last sale price $293,000 $56 Per Sq Ft

13 Days on Market

Highlights

  • Forced Air Heating System
  • Emerson Elementary School Rated A-
  • Laundry Facilities

About This Home

As of February 2023

It’s all about location and on-site designated parking! This 4-unit all-brick Lakewood apartment complex is a great investment opportunity. Each unit has a spacious living area with 2 bedrooms and 1 bath. Hardwood floors throughout the living area and bedrooms. Each unit offers an ample-sized screened-in porch area. All units are currently occupied by long-term tenants. Each suite has its own hot water tank and furnace - tenants pay their own electric and gas. Common area electric, water, and sewer are paid for by the owner. The basement offers ample storage and a spacious laundry area. An added bonus is a designated parking lot (parcel 312-33-090) that will accommodate 4 cars. With a 24-hour notice Unit #3 and the basement will be available for showings Monday-Wednesday-Friday from 10:00 am - 2:00 pm. Upon signing the contract, the additional units will be made available for viewing. Please do not disturb the tenants.

Last Agent to Sell the Property

Ronald Szmik

Russell Real Estate Services License #2011002546 Listed on: 01/04/2023

Russell Real Estate Services

Last Buyer's Agent

Ronald Szmik

Russell Real Estate Services License #2011002546 Listed on: 01/04/2023

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,347

Year Built

  • Built in 1923

Lot Details

  • 10,080 Sq Ft Lot

Parking

  • 4 Car Garage
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 5,220 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for electric, sewer, water
  • Assessor Parcel Number 312-33-089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,347

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 56.13
  • Estimated Price per Sq Ft: 56.13
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 5220
  • Year Built: 1923
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 5220.00
  • Sq Ft Approx Total Finished: 5220.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Parking Lot
  • Garage Num Of Cars: 4

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lakewood CSD

Lot Info

  • Additional Assessor Parcel Number 1: 313-33-090
  • Lot Size Units: Acres
  • Acres: 0.2314
  • Parcel Number: 312-33-089

Rental Info

  • Owner Pays: Electric, Sewer, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas

Multi Family

  • Unit Count: 4
  • Gross Income: 19200.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 6347

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $293,000 +17.2% $56 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $250,000 -- $48 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ronald Szmik

    Russell Real Estate Services

    (440) 526-9400

    3 in this area

    11 Total Sales

    Ronald Szmik
    Section Image
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Map

Source: MLS Now

MLS Number: 4429838

MLS Now
Ohio Cuyahoga County Lakewood 44107

1357 Beach Ave, Lakewood, OH

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