Lorain, OH 44053,2848 W Erie AVE
Lorain, OH 44053,2848 W Erie AVE
Lorain, OH 44053,2848 W Erie AVE
18
$429,000
$429,000
Est.Price: ?

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6,080 SqFt

2848 W Erie AVE Lorain, OH 44053

Est. payment /mo
SOLD DATE : 07/11/2022

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Key Details

Sold Price $429,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 6,080 sqft

Price per Sqft $70

Subdivision Black River 02

MLS Listing ID 4348889

Year Built 1928

Annual Tax Amount $5,359

Lot Size 0.550 Acres

Property Description

Great Investment Opportunity.... QUADPLEX and DUPLEX. This is a package Deal with six apartments on two parcels that include a four vehicle garage (garage needs improvements). All units are occupied except one that is currently being updated. Three units in the Quadplex (2848, 2850, 2854 W Erie) have recently been remodeled. All four units have a similar floor plan with and/or hardwood, laminate, carpet. All four units have their own separate basement with washer and dryer hookups. All kitchen appliances convey with properties. The duplex is located on the adjacent parcel. The duplex is an up and down. There are two long term tenants residing in the duplex which brings in $1250 (utilities included with rent). The quadplex tenants pay for utilities except the water and sewer. Gross yearly income with all units occupied is approximately $58,800.00. Don't miss your opportunity to add to your portfolio and build your wealth. Hurry, act now, before it is to late.

Location

State OH

County Lorain

Interior

Heating Forced Air, Gas

Exterior

Garage Unpaved

Roof Type Asphalt,Fiberglass,Flat

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Lorain Csd - 4709

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Kelly Matteson • Progressive Urban Real Estate
Bought with Christine A Stowell • Keller Williams Elevate

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John Kazemka

Agent | License ID: SAL.2012001712 / WV0029317

+1(740) 338-9039

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