$350,000

300 E Lake Avenue

Lakeview OH, 43331

Description

Check out the Villa Rentals! 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). There is coin-laundry and the machines are owned. The owner is the property manager. The land is located along US 33 across from the Lakeview harbor and near downtown! [The property will not be having private showings and will be shown only during the scheduled public open house on Monday 02/15/21 from 4:00pm-5:00pm.]

Details

MLS#1008471
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1930
Days On Site17

Features

SQ Feet7,322
Units15
Water FrontNo
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Area Information
StateOH
CountyLogan
CityLakeview
Zip Code43331
Area902 Indian Lake
Listing VS Median (in 43331)
Price:
$350,000
low | high
Med:
$179,900
98.6% of Average
SqFt:
7,322
low | high
Med:
728
100% of Average
$ / SqFt:
$48
low | high
Med:
$247
100% of Average
On Site:
17
low | high
Med:
400
4.25% of Average
Listing Updated: February 20, 2021 3:26:21 PM PST
Bryn Daring-Stewart LogoMLS Number: 1008471
Listing Provided By:
Bryn Daring-Stewart  of  Royer Realty LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the West Ohio Board of REALTORS®.