NOT LISTED FOR SALE

2533 E 31st St Lorain, OH 44055

7 Beds
4 Baths
2,398 Sq Ft
9,583 Sq Ft Lot

Last Sold August 13, 2019

Last sale price $97,500 $41 Per Sq Ft

80 Days on Market

Highlights

  • Forced Air Heating System
  • South Facing Home
  • 5-minute walk to Day's Dam Falls
  • Baseboard Heating

About This Home

As of August 2019

Excellent investment opportunity with this well maintained money-making Triplex!! 3 apartments generating $1823 monthly income. Tenants pay on time every time and take care of the property very well. Come out to the East Side of Lorain to see this wonderful Multi Family building. Located only minutes from shopping, major highways and restaurants. Upper Unit is All-Electric and offers 5 bedrooms and 2 full baths on 2 different levels. Recently renovated! The 2 units on first floor offer 1 bedroom and one bath. There is also a large parking area located directly behind the home. Large basement with washer and dryer hookups. Tenants cut the grass. The tenants pay gas, electric and water surcharge. Reputable Property Management Company already in place and willing to stay. ALL units are rented, tenants would like to stay and they have been fully screened. Kindly give at least 24 hours notice for showings.

Last Agent to Sell the Property

Tammy Koleski

Howard Hanna License #2003013371 Listed on: 04/05/2019

Howard Hanna

Last Buyer's Agent

Tammy Koleski

Howard Hanna License #2003013371 Listed on: 04/05/2019

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • South Facing Home

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,398 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 3 Units
  • Sheffield Land & Improv C Community

Listing and Financial Details

  • Tenant pays for electric, gas, water
  • Assessor Parcel Number 03-00-082-111-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: South
  • Price Per Square Foot: 40.66
  • Estimated Price per Sq Ft: 40.66
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2398
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2398.00
  • Sq Ft Approx Total Finished: 2398.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sheffield Land & Improv C

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2200
  • Parcel Number: 03-00-082-111-021

Rental Info

  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Unit Count: 3
  • Gross Income: 1848.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1368

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
08/13/2019 08/13/19 Sold $97,500 0.0% $41 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $97,500 -2.4% $41 / Sq Ft
05/31/2019 05/31/19 Price Changed $99,900 -8.7% $42 / Sq Ft
05/28/2019 05/28/19 Price Changed $109,403 -4.8% $46 / Sq Ft
05/13/2019 05/13/19 Price Changed $114,900 -4.2% $48 / Sq Ft
04/24/2019 04/24/19 Price Changed $119,900 -4.1% $50 / Sq Ft
04/05/2019 04/05/19 For Sale $125,000 +92.3% $52 / Sq Ft
09/22/2017 09/22/17 Sold $65,000 -4.3% $27 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $67,900 -- $28 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4083341

MLS Now

APN: 03-00-082-111-021