NOT LISTED FOR SALE

1047 W 17th St Lorain, OH 44052

3 Beds
2 Baths
1,232 Sq Ft
6,098 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $93,500 $76 Per Sq Ft

17 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • North Facing Home

About This Home

As of November 2022

If You're Looking For A "Turn Key" Investment With Positive Cash Flow, This Fully Rented 2 Unit Home May Be It!! Unit 1 On The First Floor Of The Home Offers A Spacious Updated Kitchen With Wood Cabinets and New Ceramic Tile Flooring, Living Room and One Bedroom Both With Newer Carpeting. There's A Private Laundry Room In The Unit! Additional Updates To This Unit Include Newer Furnace & HTW Tank That Serves This Unit, Freshly Painted, New Ceilings With Added Insulation As A Sound Barrier And Updated Bath.This Unit Rents For $775.00/Month Plus Tenant Pays All Utilities. Unit 2 On The Second/Third Floor Has A Spacious Updated Kitchen With White Cabinets, New Vinyl Flooring & Private Laundry In This Unit! Also, Living Room & 2 Bedrooms, One Being On The Second Level And The Other In The Large Renovated Third Floor Attic, Both with Newer Carpeting & Paint.This Third Floor Boasts much Natural Light With A Window On Either Side Of the Space. An Updated Bathroom Rounds Out This Unit. Additional Updates To This Unit Include Newer Furnace & HTW Tank That Serves This Unit. This Unit Rents For $825.00/Month Plus Tenant Pays All Utilities. Additional Updates To The Entire Home Include: *New Roof (Complete Tear Off) On Home & Garage Installed 2020 *Updates To Plumbing, Electrical *New Drywall *Ample Closet Space *Glass Block Windows On Drivway Side Of Basement *Utility Meters For Each Unit *Exterior & Garage Painted *Some Windows Replaced *Renovation Of Front Porch Is In Progress.

Last Agent to Sell the Property

Debra Jeffreys

Russell Real Estate Services License #2017003754 Listed on: 09/19/2022

Russell Real Estate Services

Co-Listed By

Elizabeth Zunt

Russell Real Estate Services License #2018002788

Last Buyer's Agent

Jack Krusinski

EXP Realty, LLC. License #2021004622

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • North Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas, sewer, trash collection, water
  • Assessor Parcel Number 02-01-006-134-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,086

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: North
  • Price Per Square Foot: 75.89
  • Estimated Price per Sq Ft: 75.89
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1232
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1232.00
  • Sq Ft Approx Total Finished: 1232.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 02-01-006-134-010

Rental Info

  • Tenant Pays: Electric, Gas, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 2
  • Gross Income: 1600.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1086
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $93,500 -0.4% $76 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $93,900 0.0% $76 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $93,900 -- $76 / Sq Ft
Source: MLS Now

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,268 $30,016 $3,427 $26,590
2023 $1,196 $22,642 $3,721 $18,921
2022 $1,086 $22,642 $3,721 $18,921
2021 $1,086 $20,727 $3,721 $17,007
2020 $0 $18,330 $3,290 $15,040
2019 $1,495 $18,330 $3,290 $15,040
2018 $1,541 $18,330 $3,290 $15,040
2017 $1,334 $15,860 $3,700 $12,160
2016 $1,001 $15,860 $3,700 $12,160
2015 $946 $15,860 $3,700 $12,160
2014 $918 $14,690 $3,430 $11,260
2013 $868 $14,690 $3,430 $11,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4409886

MLS Now

APN: 02-01-006-134-010