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233 Georgia Avenue

Lorain, OH 44052
  • $275,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 4385812
UPDATED: 18 min ago
$275,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $46
    $/SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Elevate.
Listing information © 2022 YES-MLS.

Description

Calling all Investors!! Check out this rare 4 unit all-brick apartment building in EXCELLENT condition!! Minutes away from Spitzer Riverside Marina and I90 highway. Turnkey and fully rented bringing in over 8% cap rate! Each of the 4 units is approximately 850 sq ft., has 2 separate entrances and a designated finished 1/4 of the basement with individual laundry hook-ups! Each unit has 1 bedroom, a living room with a fireplace, a dining room, a full size kitchen and can easily be converted into a 2 bedroom unit! There is also a detached 4-car garage that you can rent out as storage units for even more income! Tenants pay all utilities. Landlord only pays property tax and landscaper $70 per month for lawn care. Great cash flow, dont miss out on this rare opportunity!! Priced to Sell!!

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-15T18:09:31.55.
www.mystarkcountyhome.com/homes/130377817
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233 Georgia Avenue Lorain, OH 44052

  • Price: $275,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 18 min ago
  • MLS #: 4385812
4
Beds
4
Baths
0
½ Baths
0.16
Acres
6,000
SQFT
$46
$/SQFT
1910
Built
Neighborhood:
Fairhome Allotment/C A Sturtev
County:
Lorain
Area:
Lorain
School District:
Lorain CSD
Property Description
Calling all Investors!! Check out this rare 4 unit all-brick apartment building in EXCELLENT condition!! Minutes away from Spitzer Riverside Marina and I90 highway. Turnkey and fully rented bringing in over 8% cap rate! Each of the 4 units is approximately 850 sq ft., has 2 separate entrances and a designated finished 1/4 of the basement with individual laundry hook-ups! Each unit has 1 bedroom, a living room with a fireplace, a dining room, a full size kitchen and can easily be converted into a 2 bedroom unit! There is also a detached 4-car garage that you can rent out as storage units for even more income! Tenants pay all utilities. Landlord only pays property tax and landscaper $70 per month for lawn care. Great cash flow, dont miss out on this rare opportunity!! Priced to Sell!!
Exterior Features

Attached Garage YN No Construction Materials Brick Exterior Features Paved Driveway Fencing Wood Garage YN Yes Parking Features DetachedGarage Roof AsphaltFiberglass

Interior Features

Appliances RangeRefrigerator Basement FullPartially Finished Basement YN Yes Below Grade Finished Area 2000 Building Area Total 6000 Cooling Central AirWall Unit(S) Cooling YN Yes Fireplace YN Yes Heating Forced AirFireplace(S)Gas Heating YN Yes Laundry Features In Unit

Property Features

Above Grade Finished Area 4000 Direction Faces West Home Warranty YN No Listing Terms CashConventionalFhaVa Loan Number Of Units In Community 4 Owner Pays SewerTrash CollectionWater Property Sub Type Quadruplex Sewer Public Sewer Tenant Pays ElectricityGas Township Lorain City Twp View Lake View YN Yes Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Keller Williams Elevate.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-15T18:09:31.55.
 
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Jose Medina and Associates | Keller Williams Legacy Group Realty
1401 South Main St. Suite 101
North Canton OH, 44720
Listing courtesy of Keller Williams Elevate.
Listing information © 2022 YES-MLS.