Lorain, OH 44053,2848 W Erie AVE
Lorain, OH 44053,2848 W Erie AVE
Lorain, OH 44053,2848 W Erie AVE
$429,000
Est. payment /mo
$429,000
Est.Price: ?

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6,080 SqFt
SOLD DATE : 07/11/2022

Key Details

Sold Price $429,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 6,080 sqft

Price per Sqft $70

Subdivision Black River 02

MLS Listing ID 4348889

Sold Date 07/11/22

HOA Y/N No

Abv Grd Liv Area 6,080

Year Built 1928

Annual Tax Amount $5,359

Lot Size 0.550 Acres

Acres 0.55

Property Description

Great Investment Opportunity.... QUADPLEX and DUPLEX. This is a package Deal with six apartments on two parcels that include a four vehicle garage (garage needs improvements). All units are occupied except one that is currently being updated. Three units in the Quadplex (2848, 2850, 2854 W Erie) have recently been remodeled. All four units have a similar floor plan with and/or hardwood, laminate, carpet. All four units have their own separate basement with washer and dryer hookups. All kitchen appliances convey with properties. The duplex is located on the adjacent parcel. The duplex is an up and down. There are two long term tenants residing in the duplex which brings in $1250 (utilities included with rent). The quadplex tenants pay for utilities except the water and sewer. Gross yearly income with all units occupied is approximately $58,800.00. Don't miss your opportunity to add to your portfolio and build your wealth. Hurry, act now, before it is to late.

Location

State OH

County Lorain

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Garage Unpaved

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Flat

Parking Type Unpaved

Total Parking Spaces 6

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-02-022-101-016

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Kelly Matteson • Progressive Urban Real Estate
Bought with Christine A Stowell • Keller Williams Elevate

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Vito Dipierro

+1(216) 906-2819

CEO | License ID: 2002013310

CEO License ID: 2002013310

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