NOT LISTED FOR SALE

1063 W 21st St Lorain, OH 44052

7 Beds
3 Baths
2,890 Sq Ft
7,841 Sq Ft Lot

Last Sold August 16, 2024

Last sale price $117,000 $40 Per Sq Ft

6 Days on Market

About This Home

As of August 2024

Welcome to this incredible investment opportunity! This income-producing property boasts three units, offering a potential rental income of $2500+ per month. Located in a prime location within an up-and-coming area, this property promises significant growth potential.
Unit 1: 3 bedrooms, 1 bathroom - mostly gutted and primed for your final touches to make it your own.
Unit 2: 2 bedrooms, 1 bathroom - almost completely renovated, ready for immediate occupancy.
Unit 3: 2 bedrooms, 1 bathroom - also almost fully renovated, with modern upgrades and stylish finishes.
The property features a large paved parking area, providing ample space for tenants and guests. While it needs a bit of TLC, the possibilities are endless with this gem. Don't miss out on the chance to invest in a property with so much potential in a rapidly developing neighborhood. AS-IS property!

Last Agent to Sell the Property

Mathew Chase

Keller Williams Greater Metropolitan Brokerage Email: matt@chasegrouprealestate.com 440-452-2000 License #2013002819 Listed on: 07/25/2024

Keller Williams Greater Metropolitan

Co-Listed By

Danielle Sutcliffe

Keller Williams Greater Metropolitan Brokerage Email: matt@chasegrouprealestate.com 440-452-2000 License #2019002962

Last Buyer's Agent

Mathew Chase

Keller Williams Greater Metropolitan Brokerage Email: matt@chasegrouprealestate.com 440-452-2000 License #2013002819 Listed on: 07/25/2024

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,894

Year Built

  • Built in 1974

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,890 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-01-006-149-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,894

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1974
  • Attribution Contact: matt@chasegrouprealestate.com 440-452-2000
  • Co List Office Mls Id: 2146
  • Co List Office Phone: 216-839-5500
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 2890.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-006-149-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2894.08

Range of Values:

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Average Value
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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
08/16/2024 08/16/24 Sold $117,000 -2.4% $40 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $119,900 +76.3% $41 / Sq Ft
02/02/2024 02/02/24 Sold $68,000 -9.2% $24 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $74,900 -- $26 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mathew Chase

    Seller's Agent in 2024

    Mathew Chase

    Keller Williams Greater Metropolitan

    (440) 452-2000

    92 in this area

    779 Total Sales

    Mathew Chase
    Section Image
  • Anthony Mendez

    Seller's Agent in 2024

    Anthony Mendez

    House to Home Real Estate Professionals, LLC.

    (440) 787-8875

    54 in this area

    206 Total Sales

    Anthony Mendez
    Section Image
  • Danielle Sutcliffe

    Seller Co-Listing Agent in 2024

    Danielle Sutcliffe

    Keller Williams Greater Metropolitan

    (216) 392-9491

    21 in this area

    110 Total Sales

    Danielle Sutcliffe
    Section Image
  • Jennifer Alicea-Volak

    Buyer's Agent in 2024

    Jennifer Alicea-Volak

    Russell Real Estate Services

    (440) 258-6202

    2 in this area

    2 Total Sales

    Jennifer Alicea-Volak
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5056847

MLS Now
Ohio Lorain County Lorain 44052

1063 W 21st St, Lorain, OH

This home is located at 1063 W 21st St, Lorain, OH 44052 since 25 July 2024. This property was built in 1974. 1063 W 21st St is a home located in Lorain County with nearby schools including Gen. Johnnie Wilson Middle School, Lorain High School, and Lorain Bilingual Preparatory Academy.

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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