761 Washington AVE, Lorain, OH 44052
761 Washington AVE, Lorain, OH 44052
761 Washington AVE, Lorain, OH 44052
761 Washington AVE, Lorain, OH 44052
761 Washington AVE, Lorain, OH 44052
761 Washington AVE, Lorain, OH 44052
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$ 220,000
Est. payment | /mo

6 Beds

4 Baths

2,000 SqFt


Save
$ 220,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $110

Subdivision Cornwells Add

MLS Listing ID 5247598

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,000

Year Built 1900

Annual Tax Amount $1,740

Tax Year 2025

Lot Size 5,201 Sqft

Acres 0.1194

Property Sub-Type Triplex

Property Description

Great Investment Opportunity in Lorain! Discover the potential of this well-located triplex, offering three separate living units and an excellent opportunity to generate rental income while building long-term investment value. The property features two lower-level units and one spacious upstairs unit: Upstairs Unit: 3 bedrooms and 1.5 bathrooms, Lower Front Unit: 2 bedrooms and 2 bathrooms, Lower Rear Unit: 1 bedroom and 2 bathrooms. The property has seen several recent updates, including nearly all replacement windows installed in 2022 and a new flat roof installed in 2023. Additional property features include a common basement laundry room and a detached two-car garage in the rear, providing valuable off-street parking and additional storage. Conveniently located near local amenities, shopping, dining, and major roadways, this property offers plenty of possibilities for investors. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this Lorain triplex is worth a look. With multiple units, recent improvements, separate utilities, and a two-car garage, this property offers a variety of possibilities for its next owner.

Location

State OH

County Lorain

Community Lake, Playground, Park, Restaurant, Street Lights, Sidewalks

Rooms

Basement Common Basement, Unfinished

Interior

Heating Baseboard, Forced Air, Gas

Cooling None

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, In Basement

Exterior

Parking Features Detached, Garage, Outside, Shared Driveway, On Street

Garage Spaces 2.0

Garage Description 2.0

Fence None

Community Features Lake, Playground, Park, Restaurant, Street Lights, Sidewalks

Water Access Desc Public

View Neighborhood

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-005-115-002

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Mena Ruggiero • The Agency Cleveland Northcoast • Mena.Ruggiero@TheAgencyRE.com, 330-801-1119

Nearby Locations

Landen Barr

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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761 Washington AVE