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Coldwell Banker Realty
761 Washington Avenue, Lorain, OH 44052
- $220,000
- 6
- BD
- 4
- BA
- 2,000
- SqFt
- List Price
- $220,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 5247598
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 6
- Bathrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Living Area
- 2,000
- Acres
- 0.12
- Subdivision
- Cornwells Add
- Neighborhood
- Cornwells Add
- MLS Area Major
- Lorain
Property Description
Great Investment Opportunity in Lorain! Discover the potential of this well-located triplex, offering three separate living units and an excellent opportunity to generate rental income while building long-term investment value. The property features two lower-level units and one spacious upstairs unit: Upstairs Unit: 3 bedrooms and 1.5 bathrooms, Lower Front Unit: 2 bedrooms and 2 bathrooms, Lower Rear Unit: 1 bedroom and 2 bathrooms. The property has seen several recent updates, including nearly all replacement windows installed in 2022 and a new flat roof installed in 2023. Additional property features include a common basement laundry room and a detached two-car garage in the rear, providing valuable off-street parking and additional storage. Conveniently located near local amenities, shopping, dining, and major roadways, this property offers plenty of possibilities for investors. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this Lorain triplex is worth a look. With multiple units, recent improvements, separate utilities, and a two-car garage, this property offers a variety of possibilities for its next owner.
Additional Information
- Taxes
- $1,740
- Appliances
- Dryer, Washer
- Heating
- Baseboard, Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- Detached, Garage, Outside, Shared Driveway, On Street
- Garage Spaces
- 2
- School District
- Lorain CSD - 4709
- View
- Neighborhood
Listing Courtesy of: Mena Ruggiero, Mena.Ruggiero@TheAgencyRE.com With The Agency Cleveland Northcoast
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