1323 Beach Avenue, Lakewood, OH 44107

Property Description

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!