Homes for sale - 1222 W 5th ST, Lorain, OH 44052

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Kremer Realty, Inc

yourwayhome@kremerrealty.com +1(330) 686-2400

$95,000

Est. payment - /mo

4 Beds

2 Baths

3,378 SqFt

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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

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Listed by Rebecca L Bauer • Realtywise, Inc. • 440-444-1307 rbauer@realtywise.com

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Kremer Realty, Inc

+1(330) 686-2400

1222 W 5th ST Lorain, OH 44052

Kremer Realty, Inc

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1222 W 5th ST