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$115,000   Price Analysis
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504 Washington Ave
Lorain, OH 44052
5 bed 3 bath unknown SqFt ($0/SqFt)
4,356SqFt lot. Built 1900
Listed 2024-03-14, Taxes $1,236		Ⓧ USDA Ineligible
due to location
near Lorain

Wow extraordinary investment opportunity fr new Investor or Investor looking to add to their Portfolio!!

* No Longer For Sale *
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Live in one unit and rent the other 2 units out or rent all 3 units for maximum income opportunity! This Triplex offers two, 2-bedroom 1 bath units, one, 1 bedroom 1 bath unit . Each unit has its own meter, electrical panel and individual heat source. This property is conveniently located minutes from Newly developed Downtown, Restaurants, the pleasing Lake Erie, Marina's and so much more!

Schedule your showings today!


Presented by Ralph Mercado at
Russell Real Estate Services.
Listing Agent Photo

Property MLS #5023608 from MLSNOW

Bedrooms: 5

Total Rooms: 12
Basement Description: Full

Total Bathrooms: 3
Full Bathrooms: 3

Cooling Features: CeilingFans
Heating Features: Electric, ForcedAir, Gas
Heating: Yes

Lot Size Acres: 0.1
Lot Size Source: PublicRecords
Lot Size Square Feet: 4356

Parking Features: OnSite, ParkingPad, Unpaved

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1

Elementary School District: Lorain CSD - 4709
High School District: Lorain CSD - 4709
Middle or Junior School District: Lorain CSD - 4709

Admiral King Elementary School is a public elementary school located approximately 0.2 miles away.
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Lorain High School is a public high school located approximately 1.4 miles away.
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Longfellow Middle School is a public middle school located approximately 1.4 miles away.
directions icon Map directions

St Anthony Of Padua School is a private elementary and middle school located approximately 1.3 miles away.
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Tenant Pays: Electricity, Gas

Annual Tax Amount: 1246.819999999
Source Listing Status: Closed
County: Lorain
Directions: W ERIE AVE TO WASHINGTON AVE
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: Charleston
Owner Pays: Taxes, Water
Parcel Number: 02-01-005-108-005
Subdivision: Charleston
Township: Lorain
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$20,566 + $3,031
$23,597		$1,236
2021$20,566 + $3,031
$23,597		$1,236
2020$18,183 + $2,681
$20,864		$1,257
2019$18,183 + $2,681
$20,864		$1,250
2018$18,183 + $2,681
$20,864		$1,251
2017$17,728 + $3,017
$20,745		$1,320
2016$17,728 + $3,017
$20,745		$1,309
2015$17,728 + $3,017
$20,745		$1,237
2014$16,415 + $2,793
$19,208		$1,143
2013$16,415 + $2,793
$19,208		$1,134
2012$16,415 + $2,793
$19,208		$1,098
2011$17,325 + $2,905
$20,230		$944
2010$17,325 + $2,905
$20,230		$940
2009$17,325 + $2,905
$20,230		$925
2008$20,620 + $3,470
$24,090		$1,019
2007$20,620 + $3,470
$24,090		$1,015

Sold 2024-05-31
$117,500
MLSNOW
Listed 2024-03-14
$115,000
MLSNOW
Sold 2009-10-17
$51,500
MLSNOW
Sold 2004-08-05
$50,000
Public Record
Listed 2004-04-15
$54,500
MLSNOW
Sold 1998-08-18
$69,900
Public Record
Sold 1998-01-22
$69,900
Public Record
Sold 1996-09-04
$40,000
Public Record
Sold 1995-06-06
$40,000
Public Record

Year Built: 1900
Construction Materials: AluminumSiding
Levels: ThreeOrMore
Living Area Units: SquareFeet
Property Age: 124
Roof: Asphalt, Fiberglass

Sewer: PublicSewer
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.