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14915 Lake Avenue, Lakewood, OH 44107

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For Sale
Sale Pending

$829,900

14 beds • 4 baths • 3 half baths • 9,540 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $86.99
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5025954

Courtesy Of Keller Williams Citywide

(440) 892-2211

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick and Wood, Wood Siding
  • Heating Fuel
    Natural Gas
  • Heating System
    Hot Water, Steam
  • Lot Size
    0.29 Acres
  • Roof Type
    Tile
  • Rooms
    Bedroom, Full Bath, Half Bath

Map and Directions

Directions to 14915 Lake Avenue, Lakewood, OH 44107

Home seller CENTURY 21 HomeStar

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CENTURY 21 HomeStar

(440) 449-9100
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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