143 Hamilton Avenue Lorain, OH $ 345,000
143 Hamilton Avenue
$ 345,000
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143 Hamilton Avenue

Lorain, OH, 44052
$ 345,000
Baths0.0

Monthly Estimate*

$ 2,410

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Studio

Commercial Property for sale in Lorain, OH

for $345,000. This building was built in 1900 on a lot size of 0.26.

2 apartment buildings share a driveway and parking lot. 7 units total, long term tenants- happy to stay, transferrable leases and deposits. Owner pays electric, water, trash. Coin Laundry onsite, brings an additional $200/month approx. The garage has been rented out for an additional $200/month. This low maintenance investment brings an average of $4200/a month after rents and laundry are counted. Happy tenants want to stay, timely rent checks, clean, background checked.

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Commercial Active

Price

$ 345,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,743

Style

Lot Size

0.26

Year Built

1900

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5007906

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Possession Negotiable
Roof Asphalt
Year Built 1900
Stories 3
Township Lorain
Levels ThreeOrMore
Property SubType Apartment
Tax Year 2022
Current Use Commercial
Business Type RealEstate Residential
Additional Parcels Description 0201006103006
County Lorain
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Active
Directions W. Erie east left on Hamilton.
City Lorain
Buyer Agent Compensation 3/2/1
View Y/N N
Senior Community Y/N N
High School District Lorain CSD - 4709
Total Units 7
Waterfront Y/N N
Carport Y/N N
Street Name Hamilton
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2743.1
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 99
Building Area Units SquareFeet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source PublicRecords
Total Actual Rent 4200.0
Property Sub Type Additional Apartment
Buyer Agent Compensation Type Item1
Legal Description O P C FRNT 0040.00 DPTH 0148.00
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Interior
Basement CommonBasement Full Unfinished
Total Stories 4
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features Coinoperated
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Fencing None
Parking Features AdditionalParking Common Driveway Detached Garage Gravel OnSite ParkingLot SharedDriveway
Water Source Public
Total Parking 7.0
Lot Size Area 0.26
Foundation Details Basement
Number of Buildings 2
Spa N
Building Area Total 2416.0
Lot Size Acres 0.26
Lot Size Units Acres
Lot Size Source Owner
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 143
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* Excluded Features
List By
Nikki Harsa

Listing Agent

Russell Real Estate Services

Broker

nikkiharsa@gmail.com

Email

Affordability Calculator

$2,639
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,410
Monthly Property Taxes
$229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457626 Elementary School
4457488 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$345,000 -1.43% Price Down
12/21/2023$350,000 Listed Price

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143 Hamilton Avenue, Lorain, OH, 44052 is a Commercial Property for sale at $345,000 with a lot size of 0.26. 143 Hamilton Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 44052 which is in Lorain, OH