NOT LISTED FOR SALE

622 Middle Ave Elyria, OH 44035

5 Beds
2 Baths
3,920 Sq Ft
3,920 Sq Ft Lot

Last Sold September 17, 2024

Last sale price $150,000 $38 Per Sq Ft

18 Days on Market

About This Home

As of September 2024

Attention All Investors...Well maintained, affordable TRIPLEX, fully occupied with quality tenants, trunkey professional management in place (management can remain if new owner would like), ample parking in a desirable city w/limited regulation, great tenant pool, low property taxes, no lead certification requirement...rents are well below market rent w/increases possible. Attractive units, beautiful hardwood floors, decorative fireplaces w/well thought out & comfortable floor plans for happy tenants. Quality location near restaurants, entertainment, highways, shopping and public transit. Unit #1: 2 bedroom $700, Unit #2: 2 bedroom $750, Unit #3 $550: 1 bedroom. Overall the property is in good condition, exterior could be spruced up a bit cosmetically but interiors look good. Owner lives out of the country and is selling their portfolio...Cash flow from day one, add to your existing portfolio or start your investing journey today. Proof of funds or preapprovals needed before showings are approved and only serious investors. No wholesalers.

Last Agent to Sell the Property

Christopher Frederick

Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com 216-210-7653 License #426983 Listed on: 08/01/2024

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Charles Lewis

Home Equity Realty Group License #2020001184

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • O Bowen & William S Wallaces Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-26-030-000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,391

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1925
  • Attribution Contact: thefrederickteam@gmail.com 216-210-7653
  • Co List Office Mls Id: 2787
  • Co List Office Phone: 440-327-2123
  • Subdivision Name: O Bowen & William S Wallaces
  • Above Grade Finished Sq Ft: 2720.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1200.0
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.09
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-26-030-000-002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1391.0

Range of Values:

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Average Value
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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
09/17/2024 09/17/24 Sold $150,000 +0.1% $38 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $149,900 -- $38 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christopher Frederick

    Seller's Agent in 2024

    Christopher Frederick

    Coldwell Banker Schmidt Realty

    (216) 210-7653

    63 in this area

    687 Total Sales

    Christopher Frederick
    Section Image
  • Charles Lewis

    Buyer's Agent in 2024

    Charles Lewis

    Home Equity Realty Group

    (440) 539-4864

    3 in this area

    83 Total Sales

    Charles Lewis
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5058463

MLS Now

APN: 06-26-030-000-002

Ohio Lorain County Elyria 44035

622 Middle Ave, Elyria, OH

This home is located at 622 Middle Ave, Elyria, OH 44035 since 01 August 2024. This property was built in 1925. 622 Middle Ave is a home located in Lorain County with nearby schools including Westwood Middle School, Elyria High School, and Constellation Schools: Elyria Community Elementary.

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.

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