34460 Beach Park Ave, Eastlake, OH
$ 399,000
Property Attributes
  • MLS#4480974
  • TypeMulti-Family
  • CountyLAKE
  • CityEastlake
  • NeighborhoodBeach Park Sub 2
  • Zip44095
  • Style
  • Year Built1946
  • Taxes$ 5803
  • Price$ 399,000
  • Bedrooms9
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage3522
  • Lot Size0.84 Acres
Data Source:
Property Description

This RARE lake county multifamily is located on a quiet, residential street in a small lakeside community in Eastlake just moments from the Lake. It features 4 unique layouts and each unit has a private garage. There are 2 units currently owner occupied that will be vacant at closing. One of which is 2 stories with 3 bedrooms, 1.5 baths and feels more like a townhome. These units could offer the new buyer a perfect opportunity to house hack and purchase with an FHA loan and low downpayment! The occupied units are both 2 beds and are rented at 750 and 950 (both below market) with leases that expire in October. You could increase the rents immediately after closing for additional cash flow. Full market rent is conservatively $5000/mo or $60,000/year. Thanks to many split meters, the expenses are extremely low at about $15,000/year. (That includes 8% property management, taxes, Maintenance, insurance and utilities that owners are paying to live there). The units are very nice inside and need nothing to get rented. There are small small cosmetic updates you could do to any place to create a nicer aesthetic and would only push your potential rents even higher. Showings with appointment only. Schedule yours before it's gone.

Price History
8/10/2023 Listed $399,000

General Features

Additional Parcels Y/N No
Appliances Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Association Y/N No
Attached Garage Yes
Carport Y/N No
City Eastlake
Community Features Lake
Construction Materials VinylSiding
Cooling None
County Lake
Days on Market 26
Directions Located off of SOM Ctr Rd.
Elementary School District Willoughby-Eastlake
Exterior Features PavedDriveway
Garage Spaces 1.0
Garage Y/N Yes
Heating ForcedAir, Gas, HotWater, Steam
High School District Willoughby-Eastlake
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Middle/Junior School District Willoughby-Eastlake
Mobilehomeremainsyn No
New Construction No
Ownerpays Sewer, TrashCollection, Water
Percent Ownership Resident
Possession DeliveryOfDeed
Property Attached Y/N No
Property Sub Type Additional Quadruplex, MultiFamily
Property SubType Quadruplex
Property Type Residential
Rent Control Y/N No
Roof Asphalt, Fiberglass
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Street Name Beach Park
Subdivision Name Beach Park Sub 2
Tax Annual Amount 5803.0
Tenant Pays CableTV, Electricity, Gas, Heat
Total Units 4
Township Eastlake City
View Y/N No
Virtual Tour
Waterfront Y/N No
Year Built 1946
Year Built Details Actual YBT

Interior Features

Above Grade Finished Area 3522.0
Above Grade Finished Area Source Assessor
Air Conditioning Y/N No
Basement (Y/N) Yes
Electric On Property Y/N No
Fireplace Y/N No
Full Baths 4
Half Baths 1
Heating Y/N Yes
Laundry Features None
Street Suffix Avenue
Total Baths 5
Total Bedrooms 9

Exterior Features

Building Area Total 3522.0
Crops Included Y/N No
Foundation Details Slab
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.84
Lot Size Area 0.84
Lot Size Source PublicRecords
Lot Size Units Acres
Number of Buildings 1
Open Parking Y/N No
Parking Features Attached, Garage
Spa No
Water Source Public


  • 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 Multi-Family Average in 44095

AVG $770K
AVG $10,870
AVG 250
Data Provided by Inside Real Estate®
Year Built
AVG 1957
AVG 38
Data Provided by Walkscore® not using MLS data

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