$372,500
$389,100
4.3%For more information regarding the value of a property, please contact us for a free consultation.
34460 Beach Park AVE Eastlake, OH 44095
7 Beds
5 Baths
4,140 SqFt
Key Details
Sold Price $372,500
Property Type Single Family Home, 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
Bedrooms 7
Full Baths 4
Half Baths 1
Year Built 1946
Annual Tax Amount $5,709
Tax Year 2023
Lot Size 0.837 Acres
Property Sub-Type Quadruplex
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
Interior
Heating Baseboard, Forced Air, Gas
Cooling None
Exterior
Parking Features Attached, Garage
Garage Spaces 4.0
Garage Description 4.0
Roof Type Shingle
Building
Sewer Public Sewer
Water Public
Schools
School District Willoughby-Eastlake - 4309
Others
Special Listing Condition Standard
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Bought with Erin K Giannetto • McDowell Homes Real Estate Services