1222 W 5th ST new Save Request In-Person Tour Request Virtual Tour
Lorain,OH 44052
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,378 sqft
Price per Sqft $28
MLS Listing ID 5110032
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,468
Year Built 1900
Annual Tax Amount $2,076
Tax Year 2024
Lot Size 9,713 Sqft
Acres 0.223
Property Sub-Type Duplex
Property Description
Nice opportunity awaits the investor looking to put their mark on this property. Tenant upstairs is MTM with rent at $800 and pays electric and gas. Down unit vacant at present as tenant bought a house. Even flowing floorplan with ample size on first floor. Some updates/rehab needed but mostly cosmetic and some plumbing in bsmt. Good sized backyard with some fencing and rear deck. Dimensional shingled roof, huge 2+ bay garage with lots of storage. Partially finished basement accessible from downstairs unit. Tenant upstairs would like to stay but ready for a first floor unit somewhere....etc. Third floor attic could be further finished for additional living space. Side street location, off street parking with drive. Front porch. Can be a good income generator with some renovation/updates. Seller will not make any repairs regardless of any inspection or appraisal results. Conventional, rehab loan, DSCR, cash preferred. Quicker close. Tenant pays on time. Buyers to perform own due diligence regarding condition, parcel data and property information.
Location
State OH
County Lorain
Community Laundry Facilities,Playground,Park,Shopping,Tennis Court(S)
Direction South
Rooms
Basement Full,Partially Finished
Interior
Interior Features Ceiling Fan(s)
Heating Electric,Gas,Hot Water,Steam
Cooling Ceiling Fan(s),None
Fireplace No
Laundry Common Area,In Basement
Exterior
Parking Features Detached,Electricity,Garage,Paved
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link,Other,Partial
Community Features Laundry Facilities,Playground,Park,Shopping,Tennis Court(s)
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces South
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-02-026-106-036
Acceptable Financing Cash
Listing Terms Cash