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.
Closed
$195,000
1239 W 5th St, Lorain, OH 44052
8beds
4,176sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$225,400 Zestimate®
$47/sqft
$873 Estimated rent
Home value
$225,400
$201,000 - $252,000
$873/mo
Zestimate® history
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$873/mo
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Zillow last checked:
Listing updated:
Listed by:
Mathew P Chase 216-839-5500klrw297@kw.com,
Keller Williams Greater Metropolitan
Bought with:
Austin Mcclain, 2022000002
REAFCO
Source: MLS Now,MLS#: 5015658
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Full
Interior area
- Total structure area: 4,176
- Total interior livable area: 4,176 sqft
- Finished area above ground: 4,176
Property
Parking
- Parking features: Concrete
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 0202026108001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Brownells
Location
- Region: Lorain
Financial & listing details
- Price per square foot: $47/sqft
- Annual tax amount: $2,241
- Date on market: 2/8/2024
- Cumulative days on market: 38 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $195,000-2.5%$47/sqft |
Source:  MLS Now #5015658 Report a problem | ||
| 2/13/2024 | Contingent | $199,900$48/sqft |
Source: MLS Now #5015658 Report a problem | ||
| 2/8/2024 | Listed for sale | $199,900+122.1%$48/sqft |
Source: MLS Now #5015658 Report a problem | ||
| 3/16/2018 | Sold | $90,000+2.5%$22/sqft |
Source: Agent Provided Report a problem | ||
| 8/1/2014 | Listing removed | $87,777$21/sqft |
Source: Russell Real Estate Services #3469855 Report a problem | ||
| 3/3/2014 | Listed for sale | $87,777$21/sqft |
Source: Russell Real Estate Services #3469855 Report a problem | ||
| 1/2/2014 | Listing removed | $87,777$21/sqft |
Source: Russell Real Estate Services #3423892 Report a problem | ||
| 8/7/2013 | Listed for sale | $87,777$21/sqft |
Source: Russell Real Estate Services #3423892 Report a problem | ||
| 7/27/2013 | Pending sale | $87,777$21/sqft |
Source: Russell Real Estate Services #3423892 Report a problem | ||
| 7/4/2013 | Listed for sale | $87,777$21/sqft |
Source: Russell Real Estate Services #3423892 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 44052
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Nearby schools
GreatSchools rating
- 5/10Admiral King Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10General Johnnie Wilson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10New BeginningsGrades: 10-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Lorain CSD - 4709
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$225,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$225,400
- Ohio
- Lorain County
- Lorain
- 44052
- 1239 W 5th St
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