NOT LISTED FOR SALE

1053 Washington Ave Lorain, OH 44052

8 Beds
4 Baths
2,576 Sq Ft
7,405 Sq Ft Lot

Last Sold January 27, 2021

Last sale price $92,500 $36 Per Sq Ft

27 Days on Market

About This Home

As of January 2021

Dollar wise Investment on this Quadruple Income Property for investors. Location is excellent with 4 separate addresses on two different streets. One parcel number. Close to downtown Lorain. One 3 bedroom apartment, 2 two bedrooms apartments and a 1 bedroom apartment all under one roof. Its cute. Its comfortable. Location is good. Plenty of off street parking. It has a great income especially on several units that are paying bi-weekly. All units currently rented. Tenants pay for their own Gas, Electric, Water and Sewer. It makes good sense to Invest in this property and Profit tomorrow. You snooze on this one and you will lose out. Qualified Buyers please. Call Listing Agent for more details. A Confidentiality Letter will be required to be sign for all showings and information provided.

Last Agent to Sell the Property

Russ Dickerhoff

Russell Real Estate Services License #249750 Listed on: 12/01/2020

Russell Real Estate Services

Last Buyer's Agent

Rosanne Dover

EXP Realty, LLC. License #2009002115

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1923

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Unpaved Streets

Parking

  • Parking Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,576 Sq Ft Home
  • 2.5-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • David Wallace Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, sewer, trash collection, water
  • The owner pays for water
  • Assessor Parcel Number 02-01-005-122-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,617

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 35.91
  • Estimated Price per Sq Ft: 35.91
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 2576
  • Year Built: 1923
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Unfinished, Walk-Out
  • Sq Ft Approx Above Grade Finished: 2576.00
  • Sq Ft Approx Total Finished: 2576.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: David Wallace

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 02-01-005-122-009

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 4
  • Gross Income: 21500.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1617

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
01/27/2021 01/27/21 Sold $92,500 -7.3% $36 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $99,777 0.0% $39 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $99,777 -- $39 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Russ Dickerhoff

    Seller's Agent in 2021

    Russ Dickerhoff

    Russell Real Estate Services

    (440) 320-7777

    47 Total Sales

    Russ Dickerhoff
    Section Image
  • Rosanne Dover

    Buyer's Agent in 2021

    Rosanne Dover

    EXP Realty, LLC.

    (440) 915-8213

    71 Total Sales

    Rosanne Dover
    Section Image
  • Sue Sasseville

    Buyer Co-Listing Agent in 2021

    Sue Sasseville

    EXP Realty, LLC.

    (440) 317-0422

    459 Total Sales

    Sue Sasseville
    Section Image
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Map

Source: MLS Now

MLS Number: 4243542

MLS Now

Ohio Lorain County Lorain 44052

1053 Washington Ave, Lorain, OH

This home is located at 1053 Washington Ave, Lorain, OH 44052 since 01 December 2020. This property was built in 1923. 1053 Washington Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Longfellow Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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