OH > Lorain > David Wallace Trustees 01
Lorain, OH 44052,946 Washington AVE
Lorain, OH 44052,946 Washington AVE
Lorain, OH 44052,946 Washington AVE
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$110,000
Est. payment /mo
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6 Beds
4 Baths
2,414 SqFt
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946 Washington AVE Lorain, OH 44052

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Lindsey Rose

Lindsey Rose

+1(330) 591-0823

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Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,414 sqft

Price per Sqft $45

Subdivision David Wallace Trustees 01

MLS Listing ID 5121952

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,414

Total Fin. Sqft 2414

Year Built 1916

Annual Tax Amount $1,681

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Triplex

Property Description

Attention investors! Don't miss this exceptional opportunity to own a promising piece of real estate at 946 Washington Ave, Lorain, OH, 44052. This triplex offers a wealth of possibilities for the savvy investor looking to expand their portfolio in the Lorain market. Situated on a generous .17-acre lot, this property boasts a total of 6 bedrooms and 3.5 bathrooms across multiple units. While it does require some work to bring it up to rent-ready condition, the potential for a high return on investment is clear. Each unit is individually metered for electric, simplifying the management process and ensuring that tenants are responsible for their own usage. Located close to the heart of downtown Lorain, this property is ideal for renters seeking convenience and accessibility to local amenities, including shopping, dining, and entertainment options. The location, combined with the property's inherent potential, makes it an attractive prospect for long-term rental income. The triplex's ample space and flexible layout offer numerous opportunities for customization and enhancement. With the right touches, this property can quickly become a sought-after residence for potential tenants, maximizing your income potential. Whether you're looking to renovate and flip or hold and lease, 946 Washington Ave presents a fantastic opportunity to invest in the growing Lorain market. Seize the chance to turn this property's potential into profit. Contact us today to schedule a viewing and start your next investment project!

Location

State OH

County Lorain

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Electric, Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Laundry None

Exterior

Parking Features Detached, Garage, On Street

Garage Spaces 3.0

Garage Description 3.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage true

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-005-119-025

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Jennifer M Hite • Howard Hanna • jenniferhite@howardhanna.com 440-864-4844

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Lindsey Rose

Realtor® | CEO | Team Lead | License ID: 2017001928

+1(330) 591-0823

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946 Washington AVE