Lorain, OH 44052,516 Washington AVE
$139,900
Est. payment /mo
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5 BD
3 BA
5,227 Sqft Lot
Active

516 Washington AVE Lorain, OH 44052

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UPDATED:

10/08/2024 04:28 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Charleston

MLS Listing ID 5046789

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1900

Annual Tax Amount $919

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Description

What an excellent opportunity to add cash flow to your portfolio! Triplex located right near the heart of Lorain, walking distance to Broadway with its new look and constant and continuous improvements. The City of Lorain is making a comeback, attracting new businesses and with grants from Ohio to improve the waterfront you could be ahead of the big build up over the next several years with this property! Great cash flow at over $1700 gross a month with low, low Lorain property taxes dialing in at less than $1000 per year currently. Not a property you want to miss!

Location

State OH

County Lorain

Rooms

Basement Full

Interior

Heating Electric, Gas

Cooling None

Fireplace No

Exterior

Garage No Garage

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Parking Type No Garage

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-005-108-007


Listed by Matthew P Klein • Walnut Creek Realty, LLC. • 216-785-2345 216-785-2345

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John Kazemka

Agent | License ID: SAL.2012001712 / WV0029317

+1(740) 338-9039

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516 Washington AVE