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$89,000   Price Analysis
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1222 W 5th St
Lorain, OH 44052
4 bed 2 bath 2,468 SqFt ($36/SqFt)
9,714SqFt lot. Built 1900
Listed 2024-02-20, Taxes $1,291
Ⓧ USDA Ineligible
due to location

near Lorain

Multiple offers: highest/best offers by 2:00pm EST 2/23/24.

* No Longer For Sale *
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Great opportunity to live the American Dream - passive income is a plus these days! Both units tenant occupied with decent sized backyard and deck in rear. T raditional renters within. Flowing floorplan Pristine entry doors on down unit. Needs some repairs/cosmetics. Full basement access through down unit. Longer term tenant. Upstairs tenant may desire to move at lease expiration.

Partially fencd. Good overall size, lots of kitchen cabinet/counter top space. Seller is selling as is condition with no repairs regardless of any inspections. Do not disturb tenants. Buyers to perform own due diligence and verify all property condition and information. Properties are available as a portfolio as well. Inquire with listing agent. MLS #5018959 , #5018881, #5018757, #5018618, #5018346, #5018346, #5018706, #5018353, #5018743.


Presented by RebeccaS at
Realtywise, Inc.
Listing Agent Photo

Property MLS #5018706 from MLSNOW

Bedrooms: 4

Total Rooms: 10
Basement Description: Full, PartiallyFinished

Total Bathrooms: 2
Full Bathrooms: 2

CeilingFans

Range
Refrigerator
Laundry Features: CommonArea, InBasement

Cooling Features: CeilingFans
Heating Features: ForcedAir, Gas, HotWater, Steam
Heating: Yes

Fencing: ChainLink, Partial

Lot Size Acres: 0.223
Lot Size Source: Assessor
Lot Size Square Feet: 9714

Garage Spaces: 2
Parking Features: Detached, Electricity, Garage, Paved

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 0.3 miles away.
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Lorain High School is a public high school located approximately 1.3 miles away.
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Longfellow Middle School is a public middle school located approximately 1.7 miles away.
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St Anthony Of Padua School is a private elementary and middle school located approximately 1.5 miles away.
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Tenant Pays: Electricity, Gas

Community Features: LaundryFacilities, Playground, Park, Shopping, TennisCourts

Annual Tax Amount: 1433
Source Listing Status: Closed
County: Lorain
Directions: West of Oberlin AVE. South of Route 2
Tax Year: 2023
Source Property Type: ResidentialIncome
Owner Pays: Sewer, Water
Parcel Number: 02-02-026-106-036
Postal Code Plus 4: 1334
Township: Lorain
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$20,524 + $4,130
$24,654
$1,291
2021$20,524 + $4,130
$24,654
$1,291
2020$18,148 + $3,651
$21,799
$1,314
2019$18,148 + $3,651
$21,799
$1,307
2018$18,148 + $3,651
$21,799
$1,307
2017$14,319 + $3,612
$17,931
$1,140
2016$14,319 + $3,612
$17,931
$1,131
2015$14,319 + $3,612
$17,931
$1,069
2014$13,258 + $3,346
$16,604
$988
2013$13,258 + $3,346
$16,604
$981
2012$13,258 + $3,346
$16,604
$949
2011$16,345 + $3,535
$19,880
$915
2010$16,345 + $3,535
$19,880
$911
2009$16,345 + $3,535
$19,880
$897
2008$19,460 + $4,200
$23,660
$973
2007$19,460 + $4,200
$23,660
$969

Sold 2024-05-28
$800,000
MLSNOW
Listed 2024-02-20
$89,000
MLSNOW
Listing removed 2023-12-16
$94,000
MLSNOW
Listing removed 2023-02-05
$87,500
MLSNOW
Sold 2019-11-27
$821,000
Public Record
Sold 2011-08-22
$25,000
MLSNOW
Price Changed 2011-04-06
$44,400
MLSNOW
Listed 2011-02-18
$50,000
MLSNOW
Sold 2003-06-18
$64,625
Public Record

Total Square Feet Living: 2468
Year Built: 1900
Above Grade Finished Area: 2468
Above Grade Finished Area Source: Assessor
Construction Materials: AluminumSiding
Direction Faces: South
Foundation Details: Block
Levels: Two
Living Area Units: SquareFeet
Property Age: 124
Roof: Asphalt, Fiberglass
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: PublicRecords

Sewer: PublicSewer
Water Source: Public

Security Features: SmokeDetectors

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.