14915 Lake Avenue Lakewood, OH 44107
INVESTMENT OPPORTUNITY NEAR LAKEWOOD PARK! Own a piece of Lakewood's historic charm with this exquisite, updated 4-unit apartment building! Legend has it that this home was originally built for the three founding doctors of the Lakewood Hospital system. Nestled less than 0.25 miles from the scenic Lakewood Park, where the Solstice Steps beckon and the newly unveiled Foster Pool promises endless summer fun, this stately brick edifice boasts elegance and convenience. Upon arrival, be captivated by the building's timeless architectural lines and inviting curb appeal. The roof, windows, and driveway are all in excellent condition. The covered porch makes front entrance into the building seamless for tenants. The spacious 7-car garage with 6 openers makes parking extremely convenient. The three generously proportioned units span an impressive 2385 square feet and bask in natural light from leaded glass windows that create an airy and welcoming ambiance. The top three units each feature an enclosed porch facing north toward the lake, inviting you to soak in breathtaking views and gentle breezes. The three units also contain decorative fireplaces and gleaming hardwood floors that blend classic charm with modern comfort. Ceiling fans & kitchen appliances are also included for convenience. These three spacious units feature four bedrooms, offering ample space for comfortable living. A half bath between two of the bedrooms functions as a jack-and-jill bathroom, enhancing practicality and privacy. There is potential to optimize rental income in select units! The basement provides individual storage for all four units, ensuring ample space for residents' belongings. Two sets of washers and dryers (not coin-operated) are available for tenant use, with the top apartment unit set to eventually receive its own in-unit laundry facilities. Seize the opportunity to invest in this coveted pocket of Lakewood, where every amenity and attraction is within reach.
- Property TypeMulti-Family
- NeighborhoodWigmore & Stuarts
- CountyCuyahoga
- Taxes$11,118
- HOA/Condo/Coop Fees$0
- Days on Site41 Days
- MLS StatusPending
- MLS ID Number5025954
- Home Size Source Assessor
- Year Built1918
- Lot Size0.2922 Acres
- Full Baths4
- Partial Baths3
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General Features
- Construction BrickWood Siding
- Parking Additional ParkingConcreteDrivewayDetachedGarageGarage Door OpenerOff StreetGarage Faces Rear
- Sewer Public Sewer
- Basement ApartmentExterior EntryFullStorage SpaceWalk Out Access
- Number of Stories 3Three Or More
- Acreage 0.2922
- Water Public
- Green Energy Efficient Thermostat
- Property Sub Type Quadruplex
- Garage Spaces 7
- Attached Garage No
- Direction Faces North
Interior Features
- Cooling Ceiling FansSeparate Meters
- Heating GasHot WaterSteam
- Appliances DryerDishwasherRangeRefrigeratorWasher
- Interior Coffered CeilingsEntrance Foyer
- Laundry Features Common AreaElectric Dryer HookupIn Basement
Exterior Features
- Roof CompositionTile
- View Neighborhood
- Pool Features None
- Waterfront Property No
- Exterior AwningsPrivate YardStorage
- Lot City LotFront YardLandscapedNear Public TransitPavedRectangular Lot
Community Features
- Township Lakewood