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Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $59
Subdivision C A Sturrevants Fairhome
MLS Listing ID 5135004
Sold Date 07/31/25
Bedrooms 6
Full Baths 3
Construction Status Unknown
HOA Y/N No
Abv Grd Liv Area 2,940
Year Built 1900
Annual Tax Amount $2,220
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Triplex
Property Description
Legal triplex with strong cash flow potential! This property includes two one-bedroom front units, each currently rented at $825/month, and a spacious four-bedroom upstairs unit that is currently vacant and ready for occupancy. Ideal for both investors and owner-occupants, it offers immediate income with room for future upside.
The upstairs four-bedroom unit has been recently updated with new vinyl flooring and additional improvements throughout. A new furnace was installed in 2025, and the two front units share a large 50-gallon hot water tank, installed in 2021. All units are separately metered for electric, with shared heat and hot water for the front units. Whether you're expanding your portfolio or seeking a house hacking opportunity, this triplex offers flexibility and value.
Location
State OH
County Lorain
Direction West
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features On Site, On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces West
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Unknown
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-00-051-116-002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other
Special Listing Condition Standard
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Bought with Remington Lyman • REAFCO