NOT LISTED FOR SALE

2517 Crehore St Lorain, OH 44052

4 Beds
2 Baths
3,672 Sq Ft
7,405 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $140,000 $38 Per Sq Ft

9 Days on Market

About This Home

As of December 2023

Nestled in a prime location in Lorain, this side-by-side duplex presents an exceptional opportunity for both investors and owner-occupiers. The area boasts a vibrant atmosphere, with the renowned Rockin' on the River concert during the summer months, offering tenants a delightful local entertainment option. With the potential for house hacking, residents can live in one unit and generate rental income from the other, making it an attractive prospect for savvy buyers. Alternatively, investors can capitalize on this well-maintained property as a lucrative cash flow opportunity. Notably, the property's long-term owner of 15 years has ensured that the duplex is turnkey and features central air for added comfort. One unit, currently on a month-to-month lease, presents a significant value-add opportunity, as the tenant pays well below market rent at $550 monthly. Don't miss the chance to seize this prime investment or owner-occupier opportunity in a sought-after location.

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide Brokerage Email: Info@EZSalesTeam.com (216) 916-7778 License #2004000516 Listed on: 11/22/2023

Keller Williams Citywide

Last Buyer's Agent

Virginia Lindsay

Keller Williams Citywide License #396154

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-055-109-052

Community Details

Overview

  • 2 Units
  • Nichols Sub Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,741

Year Built

Built in 1971

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1971
  • Attribution Contact: Info@EZSalesTeam.com (216) 916-7778
  • Subdivision Name: Nichols Sub
  • Above Grade Finished Sq Ft: 1836.0
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1836.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.17
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Shared Driveway, Unpaved

Utilities

  • LaundryFeatures: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-055-109-052
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1741.0
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 List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $140,000 +0.1% $38 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $139,900 -- $38 / 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 $1,516 $35,893 $4,694 $31,199
2023 $1,756 $33,240 $5,124 $28,116
2022 $1,741 $33,240 $5,124 $28,116
2021 $1,741 $33,240 $5,120 $28,120
2020 $1,662 $27,560 $4,250 $23,310
2019 $1,653 $27,560 $4,250 $23,310
2018 $1,653 $27,560 $4,250 $23,310
2017 $1,584 $24,900 $5,070 $19,830
Source: Public Records

Agents Affiliated with this Home

  • Greg Erlanger

    Seller's Agent in 2023

    Greg Erlanger

    Keller Williams Citywide

    (216) 570-3270

    102 in this area

    3,629 Total Sales

    Greg Erlanger
    Section Image
  • Virginia Lindsay

    Buyer's Agent in 2023

    Virginia Lindsay

    Keller Williams Citywide

    (216) 407-7759

    15 in this area

    298 Total Sales

    Virginia Lindsay
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4505814

MLS Now
Ohio Lorain County Lorain 44052

2517 Crehore St, Lorain, OH

Not Listed for Sale

MultiFamily

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.