300 Lake Avenue E, Lakeview, OH 43311
$375,000
Property Type:
Residential Income
Bedrooms:
10
Status:
Closed
Current Price:
$375,000
List Date:
2/08/2021
Last Modified:
9/05/2024
Description
This former motel complex located on 1.3 acres features approximately 7322 square feet within the 10 buildings. There are 15 units consisting of 6 a-frame units, 3 homes and 6 apartments plus a metal garage and two storage sheds. GMI $11,550 and Zoned B-3. A-frame units - owner pays all utilities: 4 have 1 bedroom, loft & a bathroom (rent $750-850/mo each); 2 have loft & bath with heart-shape tubs. Apartments - owner pays all utilities: two 1 bedroom, 1 bath units (rent $650-700/mo each); two studio units (rent $650/mo each); one efficiency unit (rent $500/mo each). Unit#9 House - owner pays sewer/trash: three bedrooms and one bath (rent $800/mo and tenant pays gas/electric). Unit#16 Home - owner pays trash: one bedroom and one bath (rent is $800/mo). Main Unit home - owner pays water/sewer/trash/electric/gas: three bedrooms and one bath (rent is $1150/mo). The property will not be having private showings and will be shown only during the public open house on Monday 02/15/21 4-5pm.
More Information MLS# 203883
Location & Property Info
Zoning: Multi-Family
School District: Indian Lake
AssociationY/N: No
General Property Info
Land Lease Y/N: No
Lot Size Dimensions: 1.3 ac
Exceptions: 0
Legal Description: 0002 34-6-8
FEMA Flood Zone Y/N: No
Bedrooms Total: 10
Rooms Total: 0
# Of Units Total: 15
Year Built: 1930
Tax Info
Parcel #: 47-017-18-09-033-000
Tax Annual Amount: 6199.54
Remarks & Misc
Directions: US 33 to East Lake Street to the Villa Motel.
Public Remarks: This former motel complex located on 1.3 acres features approximately 7322 square feet within the 10 buildings. There are 15 units consisting of 6 a-frame units, 3 homes and 6 apartments plus a metal garage and two storage sheds. GMI $11,550 and Zoned B-3. A-frame units - owner pays all utilities: 4 have 1 bedroom, loft & a bathroom (rent $750-850/mo each); 2 have loft & bath with heart-shape tubs. Apartments - owner pays all utilities: two 1 bedroom, 1 bath units (rent $650-700/mo each); two studio units (rent $650/mo each); one efficiency unit (rent $500/mo each). Unit#9 House - owner pays sewer/trash: three bedrooms and one bath (rent $800/mo and tenant pays gas/electric). Unit#16 Home - owner pays trash: one bedroom and one bath (rent is $800/mo). Main Unit home - owner pays water/sewer/trash/electric/gas: three bedrooms and one bath (rent is $1150/mo). The property will not be having private showings and will be shown only during the public open house on Monday 02/15/21 4-5pm.
Status Change Info
Concession Comments: n/a
Status Change Date: 2021-03-25
Pending Date: 2021-02-17
Close Date: 2021-03-25
Sold Price: $375,000
Community Features
Coin Laundry: 1
Unit 1 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
Total Baths (Legacy): 1
SqFt: 312
Monthly Income: 750
Furnished Y/N: No
Unit 1 Features
Oven: 1
Range: 1
Refrigerator: 1
Construction Materials
Wood Siding: 1
Architectural Style
A-Frame: 1
Modular: 1
Ranch: 1
Unit 2 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
Total Baths (Legacy): 1
SqFt: 312
Monthly Income: 800
Furnished Y/N: No
Cooling
None: 1
Listing Terms
Cash: 1
Conventional: 1
Unit 2 Features
Oven: 1
Range: 1
Refrigerator: 1
Unit 3 Info
Efficiency Y/N: No
# of Bedrooms: 2
# of Full Baths: 1
Total Baths (Legacy): 1
SqFt: 312
Monthly Income: 850
Furnished Y/N: No
Unit 3 Features
Oven: 1
Range: 1
Refrigerator: 1
Unit 4 Info
Efficiency Y/N: No
# of Bedrooms: 2
# of Full Baths: 1
Total Baths (Legacy): 1
SqFt: 312
Monthly Income: 850
Furnished Y/N: No
Unit 4 Features
Oven: 1
Range: 1
Refrigerator: 1
Unit 5 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 700
Furnished Y/N: No
Heating
Combination: 1
Other: 1
Unit 6 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 650
Furnished Y/N: No
Unit 7 Info
Efficiency Y/N: Yes
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 650
Furnished Y/N: No
Unit 8 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 650
Furnished Y/N: No
Foundation
Slab: 1
Sewer
Private Sewer: 1
Special Listing Conditions
Fair Market: 1
Parking Features
Detached: 1
Levels
One: 1
Two: 1
Water Source
Public: 1
Location Property Info
Current Price: $375,000
Original List Price: 350000
Property Sub Type: Multi Family
Sold Price: $375,000
Status: Closed
List Date: 2021-02-08
Street #: 300
Street Name: Lake
Street Suffix: Avenue
Street Direction Suffix: E
County: Logan
State: OH
Postal Code: 43311
Property Features
Unit 1 Features: Oven; Range; Refrigerator
Unit 2 Features: Oven; Range; Refrigerator
Unit 3 Features: Oven; Range; Refrigerator
Unit 4 Features: Oven; Range; Refrigerator
Architectural Style: A-Frame; Modular; Ranch
Community Features: Coin Laundry
Construction Materials: Wood Siding
Cooling: None
Foundation: Slab
Heating: Combination; Other
Levels: One; Two
Listing Terms: Cash; Conventional
Parking Features: Detached
Sewer: Private Sewer
Special Listing Conditions: Fair Market
Water Source: Public
Listing Office:
Royer Realty LLC
Last Updated: September - 05 - 2024
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