1239 W 5th, Lorain, OH 44052

$195,000
8
BD
4
BA
4,176
SqFt

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Sold Price
$195,000
List Price
$199,900
Status
CLOSED
Days on Market
38
Closing Date
Mar 14, 2024
MLS#
5015658
Subtype
Residential Income
Year Built
1900
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
4,176
Acres
0.09
Subdivision
Brownells
Neighborhood
Brownells
MLS Area Major
Lorain

Property Description

Rare opportunity for a true brick 4 unit building. Each unit was rehabbed a few years back. 2 electrical of the 4 electrical panels have been updated. 4 new hot tanks. Solid income producing property. Fully occupied. Tenant provides their owner washer and dryer. Landlord provides range and refrigerator. Tenants pay all utilities including electric, gas and water. All units are fully rented, unit 1: $650/mo, unit 2: $625/mo, unit 3: $600/mo, unit 4: $625. Solid income generating property, seller is ready to move on to other investments.

Additional Information

Taxes
$2,241
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Rubber
Parking Features
Concrete
School District
Lorain CSD - 4709

Listing Courtesy of: Mathew P Chase, matt@chasegrouprealestate.com With Keller Williams Greater Metropolitan

Selling Office: REAFCO.

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