NOT LISTED FOR SALE

256 George St Elyria, OH 44035

5 Beds
3 Baths
2,600 Sq Ft
1,742 Sq Ft Lot

Last Sold January 04, 2023

Last sale price $145,000 $56 Per Sq Ft

70 Days on Market

About This Home

As of January 2023

Long term tenants. Tenants are on Month-to-Month and will stay with property. Rent has only been increased 1 time over the last 10 years. Lots of room to move in rent. Recent increases in rent have occurred for 2 units. As it stands CAP rate is above 11.6%. Updated Boiler this year. Can use some updates, but in great condition as it is for the long term tenants. Can be packaged together along with MLS#'s 4401985 and 4402006.

Last Agent to Sell the Property

Vincent Yurak

YUR Better Homes LLC License #2021006727 Listed on: 08/18/2022

Last Buyer's Agent

jeremy rodriguez

D.A.R.E License #2025001934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • North Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • W G Sharp Trustees Add Community

Listing and Financial Details

  • Assessor Parcel Number 06-26-011-101-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,415

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: North
  • Price Per Square Foot: 55.77
  • Estimated Price per Sq Ft: 55.77
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2600
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2600.00
  • Sq Ft Approx Total Finished: 2600.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: W G Sharp Trustees Add

Fee Information

  • Op Expenses: 6808.00

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0400
  • Parcel Number: 06-26-011-101-036

Multi Family

  • Unit Count: 3
  • Gross Income: 23880.00
  • Net Income: 15657.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1415

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
01/04/2023 01/04/23 Sold $145,000 +3.6% $56 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $140,000 0.0% $54 / Sq Ft
10/21/2022 10/21/22 For Sale $140,000 +3.7% $54 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $135,000 -- $52 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Vincent Yurak

    Seller's Agent in 2023

    Vincent Yurak

    YUR Better Homes LLC

    (216) 965-6624

    5 in this area

    40 Total Sales

    Vincent Yurak
    Section Image
  • jeremy rodriguez

    Buyer's Agent in 2023

    jeremy rodriguez

    D.A.R.E

    (216) 287-1766

    8 in this area

    69 Total Sales

    jeremy rodriguez
    Section Image
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Map

Source: MLS Now

MLS Number: 4401990

MLS Now

APN: 06-26-011-101-036

Ohio Lorain County Elyria 44035

256 George St, Elyria, OH

Not Listed for Sale

MultiFamily

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