$160,000
SOLD DEC 20, 2024

1315 Massachusetts Ave Lorain, OH 44052

4 Beds
2 Baths
1,728 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

7% Above List Price

2 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • West Facing Home

About This Home

As of December 2024

Well maintained multi-family home that is perfect for investment income or a house hack where you live in one unit and rent the other. Current tenants at $850/$805 that pay all utilities including water. There are laundry rooms in both units. This is an excellent
opportunity to get into real estate investing with a turn-key property with long term tenants in place

Last Agent to Sell the Property

Ken Lencoski

Russell Real Estate Services Brokerage Email: klencoski@gmail.com 440-420-0528 License #2022003599 Listed on: 11/22/2024

Russell Real Estate Services

Last Buyer's Agent

Jessica Allgood

Keller Williams Citywide License #2018001055

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1978

Lot Details

  • 5,663 Sq Ft Lot
  • West Facing Home

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

  • Highview Park Sub #2 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, heat, hot water, internet, snow removal, sewer, trash collection, telephone, water
  • The owner pays for insurance, repairs, roof maintenance, taxes
  • Assessor Parcel Number 03-00-050-113-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,015

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1978
  • Attribution Contact: klencoski@gmail.com 440-420-0528
  • Subdivision Name: Highview Park Sub #2
  • Above Grade Finished Sq Ft: 1728.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Appliances: Dryer, Disposal, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.13
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, On Site

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Inside, Main Level, In Unit
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-050-113-007
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Roof Maintenance, Taxes
  • Tenant Pays: All Utilities, Cable TV, Electricity, Heat, Hot Water, Internet, Snow Removal, Sewer, Trash Collection, Telephone, Water

Tax Info

  • Tax Annual Amount: 1015.0

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Range of Values:

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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
12/20/2024 12/20/24 Sold $160,000 +7.4% $93 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $149,000 -- $86 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Ken Lencoski

    Russell Real Estate Services

    (440) 420-0528

    8 in this area

    12 Total Sales

    Ken Lencoski
    Section Image
  • Jessica Allgood

    Buyer's Agent in 2024

    Jessica Allgood

    Keller Williams Citywide

    (440) 420-1368

    49 in this area

    159 Total Sales

    Jessica Allgood
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5086625

MLS Now

Ohio Lorain County Lorain 44052

1315 Massachusetts Ave, Lorain, OH

This home is located at 1315 Massachusetts Ave, Lorain, OH 44052 and is currently priced at $160,000, approximately $92 per square foot. This property was built in 1978. 1315 Massachusetts Ave is a home located in Lorain County with nearby schools including Larkmoor 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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