NOT LISTED FOR SALE

1215 W 6th St Lorain, OH 44052

7 Beds
3 Baths
3,837 Sq Ft
1923 Built

Last Sold December 09, 2019

Last sale price $94,900 $25 Per Sq Ft

7 Days on Market

Highlights

  • 3 Car Detached Garage
  • Heating System Uses Steam
  • North Facing Home
  • Forced Air Heating System

About This Home

As of December 2019

Money maker all rolled into one property. 3 units , long term tenants. Separate utilities except water and sewer. Current owner has owned and managed this property since 1972. Vinyl siding some newer windows , separate furnaces. Garages in back for storage as well. Located close to the lake and downtown Lorain, and Lakeview park and beach (Metro Parks). This property is priced so next owner makes cash on his first months rent. Your best investment is always real estate and Lorain's property values are going up with the re-birth of the Broadway area and restaurant's opening plus a new Hotel and restaurant. Call now for a private showing and details for this gem of a property!

Last Listed By

Gary Dodson

Howard Hanna License #290885 Listed on: 10/21/2019

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,106

Year Built

  • Built in 1923

Lot Details

  • North Facing Home
  • Unpaved Streets

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,837 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-02-026-110-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,106

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: North
  • Price Per Square Foot: 24.73
  • Estimated Price per Sq Ft: 24.73
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3837
  • Year Built: 1923
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Crawl, Full
  • Sq Ft Approx Above Grade Finished: 3837.00
  • Sq Ft Approx Total Finished: 3837.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 3

Utilities

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

Fee Information

  • Op Expenses: 6000.00

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-026-110-011

Rental Info

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

Multi Family

  • Gross Income: 18420.00
  • Net Income: 12420.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2106

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/09/2019 12/09/19 Sold $94,900 +5.6% $25 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $89,900 -- $23 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4144873

MLS Now