516 Washington AVE Active Save Request In-Person Tour Request Virtual Tour
Lorain,OH 44052
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Charleston
MLS Listing ID 5046789
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1900
Annual Tax Amount $919
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
What an excellent opportunity to add cash flow to your portfolio! Triplex located right near the heart of Lorain, walking distance to Broadway with its new look and constant and continuous improvements. The City of Lorain is making a comeback, attracting new businesses and with grants from Ohio to improve the waterfront you could be ahead of the big build up over the next several years with this property! Great cash flow at over $1700 gross a month with low, low Lorain property taxes dialing in at less than $1000 per year currently. Not a property you want to miss!
Location
State OH
County Lorain
Rooms
Basement Full
Interior
Heating Electric,Gas
Cooling None
Fireplace No
Exterior
Parking Features No Garage
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-005-108-007