Address
1357 Clarence Ave, Lakewood, OH
Price
$ 435,000
Property Attributes
  • MLS#4450791
  • TypePending
  • CountyCUYAHOGA
  • CityLakewood
  • NeighborhoodRockport
  • Zip44107
  • StyleApartment
  • Price$ 435,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5244
  • Lot Size7,187 SqFt
Data Source:
MLSNow
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 pm.

Price History
4/14/2023 Listed $435,000

General Features

Additional Parcels Y/N No
Association Y/N No
Basement CommonBasement, Partial, Unfinished
Buyer Agent Compensation 3/1.5
Carport Y/N No
City Lakewood
Cooling None
County Cuyahoga
Directions From I-90 take W 117th exit head North, take Left (West) on Detroit, take a right (North) on Clarence Avenue
Garage Y/N No
Heating ForcedAir, Gas
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Mobilehomeremainsyn No
New Construction No
Ownerpays Sewer, TrashCollection, Water
Possession DeliveryOfDeed
Private Pool No
Property Attached Y/N No
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type CommercialSale
Rent Control Y/N No
Roof Flat
Senior Community Y/N No
Sewer PublicSewer
Standard Status Pending
Status Pending
Street Name Clarence
Subdivision Name Rockport Sec 21
Tenant Pays CableTV, Electricity, Gas
Terms Cash, Conventional
Township Lakewood
View Y/N No
Virtual Tour https://www.propertypanorama.com/1357-Clarence-Ave-Lakewood-OH-44107/unbranded
Waterfront Y/N No
Year Built 1942
Year Built Details Actual YBT

Interior Features

Above Grade Finished Area 5244.0
Air Conditioning Y/N No
Basement (Y/N) Yes
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Avenue

Exterior Features

Attachedgarageyn No
Days on Market 6
Living Area 5244.0
Showing Instructions Use Showing Time Link
Building Area Total 5244.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.165
Lot Size Area 0.165
Lot Size Units Acres
Open Parking Y/N No
Parking Features Assigned, Covered, OnSite, Private
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 44107

Price
AVG $330K
$440K
Visits
AVG 62
675
Year Built
AVG 1928
1942
Walkscore
AVG 70
69
Data Provided by Walkscore ® not using MLS data

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