$142,000
SOLD SEP 25, 2024

2838 Cromwell Dr Lorain, OH 44052

4 Beds
2 Baths
1,636 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

1% Above List Price

2 Days on Market

About This Home

As of September 2024

Calling all investors! Discover this turn-key side-by-side duplex located in Lorain near restaurants and shopping. Each unit offers around 900 square feet of updated space. Both units are 2 bedroom, 1 bathroom and offer great updates like low maintenance laminate flooring in the living areas and neutral paint throughout. The main level features a bright living room, dining area, kitchen, and an in-unit laundry space for added convenience. Upstairs, there are two spacious bedrooms and a full bathroom, providing a comfortable retreat for residents. Each unit comes with off-street parking, adding to the property’s appeal. With local rental rates around $800 per unit, this duplex offers strong potential for consistent rental income. Come see today!

Last Agent to Sell the Property

Brian Salem

EXP Realty, LLC. Brokerage Email: brian@thesalemteam.com 216-244-2549 License #2002000786 Listed on: 08/09/2024

EXP Realty, LLC.

Last Buyer's Agent

Michele Frederick

Coldwell Banker Schmidt Realty License #436731

Coldwell Banker Schmidt Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,636 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Off-Street Parking

Utilities

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

Community Details

  • Cromwell Gardens Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 03-00-056-127-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,103

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1955
  • Attribution Contact: brian@thesalemteam.com 216-244-2549
  • Subdivision Name: Cromwell Gardens
  • Above Grade Finished Sq Ft: 1636.0
  • Reso Accessibility Features: None
  • 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: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.15
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Off Street

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Window Unit(s)
  • 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: 03-00-056-127-012
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 1103.0

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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
09/25/2024 09/25/24 Sold $142,000 +1.4% $87 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $140,000 -- $86 / 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: 5060788

MLS Now