ATTN: INVESTORS-Fantastic Harbor district opportunity. This Property is the perfect BRRRR property! Get ready to fill your coffers because this blank slate duplex could very likely obtain a CRA Area 7-yr 100% tax abatement on the increase in assessed value of the Property post-renovation! With annual real estate taxes at $952 + insurance, maintenance, and admin (Total Expenses at 17% of Gross Rents), this Property should easily cash flow over $1,500 a month! This is a 15% Cash on Cash return! This is after the purchase (at Asking, of course); after the rehab, including roof, HVAC, total interior, and driveway; after the closing costs; and after the holding costs during renovation. It's all in there! And get this, the Property has updated electrical, all utilities are separately metered (woohoo!), and the bathrooms are huge! Buy, Rehab, Rent, Refinance, Repeat. Brrrr...Man, it's cold! Doesn't it feel great?!
Closed
$50,000
1414 W 6th St, Ashtabula, OH 44004
4beds
1,378sqft
Duplex, Multi Family
Built in 1908
-- sqft lot
$122,600 Zestimate®
$36/sqft
$987 Estimated rent
Home value
$122,600
$97,000 - $150,000
$987/mo
Zestimate® history
Owner options
List your home for rent
$987/mo
Rent Zestimate®
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$987/mo
Rent Zestimate®
Refinance and save
$263/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$263/mo
Est. payment
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Total interior
Zillow last checked:
Listing updated:
Listing Provided by:
Christine Jarrell chris@AARCLE.com440-557-3996,
All Access Realty
Bought with:
Sherry Wilber, 2017005602
Assured Real Estate
Source: MLS Now,MLS#: 5023204
Originating MLS: Lake Geauga Area Association of REALTORS
Originating MLS: Lake Geauga Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Laundry: Electric Dryer Hookup, In Basement
Features
- Basement: Exterior Entry,Concrete,Unfinished
Interior area
- Total structure area: 1,378
- Total interior livable area: 1,378 sqft
- Finished area above ground: 1,378
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Unpaved
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Entrance
Lot
- Size: 9,583 sqft
Details
- Parcel number: 684070007800
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Other
- Foundation: Block
- Roof: Asphalt
Condition
- Fixer
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ashtabula
- Subdivision: Keystone
Other
Other facts
- Listing terms: Cash,FHA 203(k),Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2024 | Sold | $50,000-5.7%$36/sqft |
Source:  MLS Now #5023204 Report a problem | ||
| 5/2/2024 | Pending sale | $53,000$38/sqft |
Source: MLS Now #5023204 Report a problem | ||
| 4/25/2024 | Listed for sale | $53,000$38/sqft |
Source: MLS Now #5023204 Report a problem | ||
| 3/26/2024 | Contingent | $53,000$38/sqft |
Source: MLS Now #5023204 Report a problem | ||
| 3/14/2024 | Listed for sale | $53,000+2.9%$38/sqft |
Source: MLS Now #5023204 Report a problem | ||
| 4/14/2005 | Sold | $51,500+7.3%$37/sqft |
Source: Public Record Report a problem | ||
| 10/13/1999 | Sold | $48,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $966 +1.4% | $17,960 |
| 2023 | $953 +10.4% | $17,960 +26.4% |
| 2022 | $863 -0.7% | $14,210 |
| 2021 | $869 -1.4% | $14,210 |
| 2020 | $882 -20.1% | $14,210 -17% |
| 2019 | $1,103 -66.9% | $17,120 |
| 2018 | $3,331 -12.7% | $17,120 |
| 2017 | $3,814 +44.1% | $17,120 +6.8% |
| 2016 | $2,648 +176.1% | $16,030 |
| 2015 | $959 -48.6% | $16,030 |
| 2014 | $1,864 -28.6% | $16,030 +8.2% |
| 2013 | $2,612 +48.3% | $14,810 |
| 2012 | $1,762 +113.3% | $14,810 |
| 2011 | $826 -0.2% | $14,810 -9.4% |
| 2010 | $828 -2.6% | $16,350 +0% |
| 2008 | $850 +2.8% | $16,345 -0.6% |
| 2007 | $827 -31.3% | $16,450 |
| 2006 | $1,203 +43.6% | $16,450 |
| 2005 | $838 -10.2% | $16,450 +14.9% |
| 2004 | $933 -16.7% | $14,315 |
| 2003 | $1,121 +18.8% | $14,315 |
| 2002 | $943 -5.1% | $14,315 +29.8% |
| 2001 | $994 +68.5% | $11,025 |
| 2000 | $590 | $11,025 |
Find assessor info on the county website
Neighborhood: 44004
Nearby schools
GreatSchools rating
- 4/10Lakeside Intermediate SchoolGrades: 3-6Distance: 1.8 mi
- 5/10Lakeside Junior High SchoolGrades: 7-8Distance: 3.9 mi
- 2/10Lakeside High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- District: Ashtabula Area CSD - 401
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
$122,600
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
$122,600
- Ohio
- Ashtabula County
- Ashtabula
- 44004
- 1414 W 6th St
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