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1357 Clarence AVE Lakewood, OH 44107
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Key Details
Sold Price $427,500
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,244 sqft
Price per Sqft $81
Subdivision Rockport Sec 21
MLS Listing ID 4450791
Sold Date 07/10/23
HOA Y/N No
Abv Grd Liv Area 5,244
Total Fin. Sqft 5244
Year Built 1942
Annual Tax Amount $8,037
Lot Size 7,187 Sqft
Acres 0.165
Property Description
Calling all real estate investors looking for a great ROI! Much sought-after all-brick 5-suite apartment complex located in beautiful downtown Lakewood, OH. Within walking distance to restaurants, shops, public transportation, and schools. The complex comes complete with covered parking for 5 cars out back, as well as a laundry room and 5 additional storage units in the basement.
Each unit has hardwood floors and 1 bedroom, 1 bath, a family room, and a kitchen. Three of the 5 units are currently under construction (bathrooms and kitchens need finishing/remodeling). Two units are already rented with month-to-month leases for $750 & $650. This fixer-upper is being sold AS IS, so bring your tool belt and decorating ideas with you!
Please schedule via ShowingTime. The property will be available Saturday 4/15 from 10:00 am - 2:00 pm, Sunday 4/16 from 11:00 am - 1:00 pm, and Monday 4/16 from 10:00 am - 2:00 pm. Please submit your highest and best offer no later than Monday 4/16 7:00
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement, Partial, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Assigned, Covered, On Site, Paved
Water Access Desc Public
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 312-31-101
Financing Cash
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Bought with Jason D Hoag • Keller Williams Elevate