$285,000
SOLD JUN 30, 2021

1603 Cohassett Ave Lakewood, OH 44107

5 Beds
2 Baths
2,377 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Community Pool
  • 2 Car Detached Garage
  • Park
  • Harrison Elementary School Rated A-
  • Community Playground
  • Forced Air Heating System

About This Home

As of June 2021

Spacious 2-family home with all the classic Lakewood charm of natural woodwork in excellent condition, including built-in cabinets in the living rooms and dining rooms, decorative fireplaces, beautifully refinished oak floors, pantries, and big front porches. The house has undergone many improvements, including kitchen & bathroom updates, refinished hardwood floors and new kitchen floors, windows replaced throughout and a newer roof. There is a newer 2-car detached garage (with automatic opener) and a fenced in backyard with a small garden.
The lower unit comprises 1,341 sq. ft. of living space with 3 large bedrooms, including a 13x21 master bedroom with a private entrance and its own, large vestibule/mud-room, kitchen, dining room & living room. The upper unit has 1,036 sq. ft. of living space with 2 bedrooms, kitchen, dining room & living room. There is an unusual potential to expand the upper unit into the 3rd floor to create a very large 3BR/2BA unit. The 3rd floor has two fully independent stairways for egress.
This is a great opportunity for an owner/investor or owner/occupant. The current owners have found the property very easy to rent because of its condition and its proximity to the many Madison Ave restaurants & shops, as well as easy access to I-90. The upper unit has a long-term tenant on a month-to-month lease who would like to renew. Lower unit is unoccupied as of May 1st. Cashflow has been consistently strong over the last several years.

Last Agent to Sell the Property

Jim Robinson

RE/MAX Real Estate Group License #436258 Listed on: 05/11/2021

RE/MAX Real Estate Group

Last Buyer's Agent

Jeffrey Longo

Keller Williams Greater Metropolitan License #2017001609

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1920

Lot Details

  • 5,998 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 315-09-109

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Schatzinger & Cotabish Sub Community

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 119.90
  • Estimated Price per Sq Ft: 119.90
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2377
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Common, Full
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2377.00
  • Sq Ft Approx Total Finished: 2377.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park, Playground, Pool

Condo/Co-op/Association

  • Subdivision Complex: Schatzinger & Cotabish Sub

Fee Information

  • Op Expenses: 11394.00

Schools

  • School District: Lakewood CSD
  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1377
  • Parcel Number: 315-09-109

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 24000.00
  • Net Income: 12606.00
  • Num Of Buildings: 2
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 5940

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Range of Values:

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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 Change Sq Ft Price
07/17/2025 07/17/25 For Sale $369,000 +29.5% $155 / Sq Ft
06/30/2021 06/30/21 Sold $285,000 +2.2% $120 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $279,000 +59.4% $117 / Sq Ft
05/08/2018 05/08/18 Sold $175,000 +0.1% $74 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $174,900 -- $74 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Longo

    Seller's Agent in 2025

    Jeffrey Longo

    Keller Williams Greater Metropolitan

    (440) 554-3949

    4 in this area

    79 Total Sales

    Jeffrey Longo
    Section Image
  • Jim Robinson

    Seller's Agent in 2021

    Jim Robinson

    RE/MAX

    (216) 272-9284

    5 in this area

    43 Total Sales

    Jim Robinson
    Section Image
  • Mark Gutkowski

    Seller's Agent in 2018

    Mark Gutkowski

    RE/MAX

    (216) 310-5700

    11 Total Sales

    Mark Gutkowski
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4276567

MLS Now

APN: 315-09-109

Ohio Cuyahoga County Lakewood 44107

1603 Cohassett Ave, Lakewood, OH

This home is located at 1603 Cohassett Ave, Lakewood, OH 44107 and is currently priced at $285,000, approximately $119 per square foot. This property was built in 1920. 1603 Cohassett Ave is a home located in Cuyahoga County with nearby schools including Harrison Elementary School, Garfield Middle School, and Lakewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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