1323 Beach Avenue
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$625,000

1323 Beach Avenue
Lakewood, OH 44107
Listed by Alexander Castrey · LPT Realty
Bedrooms
8
Bathrooms
4
Living area
4,235 sqft
Year built
1905

About this home

Four units in Lakewood available now! One unit is currently vacant and the other three units are bringing in a combined $4,100 monthly, making this a perfect opportunity for both owner-users and investors! This 4,235 square foot property features four spacious 2 bed / 1 bath units, several with bonus rooms. Each apartment offers formal dining rooms, decorative fireplaces, attractive hardwood floors, and abundant natural light throughout. There is also plenty of space to relax outside on the expansive, two-story front porch. The interiors have been thoughtfully updated with modern finishes, including renovated kitchens and baths and stainless-steel appliances. The building has undergone extensive improvements: a brand-new two-story rear porch, new front porch columns and flooring, three newer water heaters, two new furnaces, upgraded electric panels, and re-piping as needed. Additional property highlights include five off-street parking spaces at the rear of the property and coin-operated laundry in the shared basement for extra income (roughly $25-50 per month). Most major improvements are complete, leaving a new owner to benefit from stable income and reduced maintenance obligations. The location adds to the appeal, surrounded by Lakewood’s top amenities, restaurants, and grocery options. Call or text today for a showing!

Property details

MLS #
5221418
Property type
Quadruplex
Subdivision
Henry Beach
Status
Active
Days on market
51
On market date
N/A
Stories
2
Garage spaces
N/A
Lot size
0.106 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Hope Academy Northwest Campus
0.44 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
188
Student:teacher ratio
10.4:1
District
Hope Academy Northwest Campus
Middle
Garfield Middle School
0.33 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
464
Student:teacher ratio
15.0:1
District
Lakewood City
HighCharter
Lake Erie International High School
0.32 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
187
Student:teacher ratio
37.4:1
District
Lake Erie International High School

Mortgage calculator

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Est. monthly payment
$3,914/mo
$125,000 down
$500,000 loan
Principal & interest$3,243
Property tax (est.)$521
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 7 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.