$117,000
$119,900
2.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
3 Baths
2,890 SqFt
SOLD DATE : 08/16/2024
Key Details
Sold Price $117,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,890 sqft
Price per Sqft $40
MLS Listing ID 5056847
Sold Date 08/16/24
Bedrooms 7
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,890
Year Built 1974
Annual Tax Amount $2,894
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Triplex
Property Description
Welcome to this incredible investment opportunity! This income-producing property boasts three units, offering a potential rental income of $2500+ per month. Located in a prime location within an up-and-coming area, this property promises significant growth potential.
Unit 1: 3 bedrooms, 1 bathroom - mostly gutted and primed for your final touches to make it your own.
Unit 2: 2 bedrooms, 1 bathroom - almost completely renovated, ready for immediate occupancy.
Unit 3: 2 bedrooms, 1 bathroom - also almost fully renovated, with modern upgrades and stylish finishes.
The property features a large paved parking area, providing ample space for tenants and guests. While it needs a bit of TLC, the possibilities are endless with this gem. Don't miss out on the chance to invest in a property with so much potential in a rapidly developing neighborhood. AS-IS property!
Location
State OH
County Lorain
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Paved
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-006-149-001
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Mathew P Chase • Keller Williams Greater Metropolitan
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Realtor | Lic# 2020004698