14915 Lake Avenue, Lakewood, OH 44107

Property Description

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.