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34460 Beach Park AVE Eastlake, OH 44095
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Key Details
Sold Price $372,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,140 sqft
Price per Sqft $89
Subdivision Beach Park Sub 2
MLS Listing ID 5051308
Sold Date 08/20/24
Bedrooms 7
Full Baths 4
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 4,140
Year Built 1946
Annual Tax Amount $5,709
Tax Year 2023
Lot Size 0.837 Acres
Acres 0.8375
Property Description
Motivated Sellers! Put in Your Offer Today on this gorgeous 4-plex! Great opportunity for a first-time homebuyer! 2 units are occupied by owners! The market rents for the units are $1,004 for 1-B, $1,218 for 2-B, and $1,577 for 3-B, suggesting significant potential for rent increases. By occupying the spacious 3-B unit and renting out the remaining units, gross rents could reach $3,226. Or, living in the smaller 1-B with an office could bring in $3,800 in gross rents. Situated on a large lot, nearly an acre in size, this property offers ample space and potential for expansion.
Location
State OH
County Lake
Rooms
Basement None
Interior
Heating Baseboard, Forced Air, Gas
Cooling None
Fireplace No
Window Features Double Pane Windows
Appliance Dishwasher, Microwave, Range, Refrigerator
Exterior
Parking Features Attached, Garage
Garage Spaces 4.0
Garage Description 4.0
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Willoughby-Eastlake - 4309
Others
Tax ID 34-A-014-B-00-016-0
Financing Cash
Special Listing Condition Standard
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Bought with Erin K Giannetto • McDowell Homes Real Estate Services
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