1323 Beach Ave, Lakewood, OH 44107

Excellent cash flow from this large well maintained four suite building in a much sought after area. Gross rents $2907 per month. Each unit has 2 ornate fireplace mantles, unique lighting fixtures, & an incredible amount of closet space. Ceramic tile & hardwood floors along w/ matching wood window blinds throughout make these units ones that keep long term tenants. Many kitchens & baths have been updated. The front porch is expansive & a key feature that keeps the building at nearly 100% occupancy year after year. Each unit has an assigned parking space in the rear of the building. All tenants use coin operated laundry machines that are located in the basement. Building is fully occupied with excellent tenants, all on leases. Separate forced air furnaces & hot water tanks. Separate gas and electric for each unit. Owner pays water/sewer (approximately $125 per month). Trash collection included in taxes which are approximately $1880 per half. Each spacious unit has 4 rooms and a kitchen and bath. (County records indicate 4235 as total liveable space in the building.) Refrigerators and gas stoves stay. There are also window AC units for each unit that will remain. Wood blinds throughout the entire building also stay. Owner operated since 1992. All information deemed reliable but not guaranteed. One unit may be viewed by appointment with 24 hour notice. Upon accepted offer, other units may be viewed by appointment. Please do not disturb or approach other tenants. Owner/Agent.