1222 W 5th Street
Lorain, OH 44052
- 4 beds
- 2 baths
- 3,378 sqft
- 9,714 sqft lot
- $28 per sqft
- 1900 build
- – on site
Nice opportunity awaits the investor looking to put their mark on this property. Tenant upstairs is MTM with rent at $800 and pays electric and gas. Down unit vacant at present as tenant bought a house. Even flowing floorplan with ample size on first floor. Some updates/rehab needed but mostly cosmetic and some plumbing in bsmt. Good sized backyard with some fencing and rear deck. Dimensional shingled roof, huge 2+ bay garage with lots of storage. Partially finished basement accessible from downstairs unit. Tenant upstairs would like to stay but ready for a first floor unit somewhere....etc. Third floor attic could be further finished for additional living space. Side street location, off street parking with drive. Front porch. Can be a good income generator with some renovation/updates. Seller will not make any repairs regardless of any inspection or appraisal results. Conventional, rehab loan, DSCR, cash preferred. Quicker close. Tenant pays on time. Buyers to perform own due diligence regarding condition, parcel data and property information.
Last checked:
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Checking…
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Last updated Mar 28, 2025
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MLS# 5110032 —
The Building
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Year Built:1900
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding
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Direction Faces:South
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:Full,PartiallyFinished
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Basement:true
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Foundation:Block
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# of Buildings:1
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Stories Total:2
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Above Grade Finished Area:2468.0
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Above Grade Finished Area Source:Assessor
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Below Grade Finished Area:910.0
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Below Grade Finished Area Source:Assessor
Interior
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Rooms Total:10
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Interior Features:CeilingFans
Room Dimensions
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Living Area:3378.0
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Living Area Units:SquareFeet
Location
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Directions:West of Oberlin AVE. South of Route 2
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Latitude:41.465291
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Longitude:-82.186069
The Property
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Parcel Number:02-02-026-106-036
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Size Acres:0.223
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Lot Size Area:0.223
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Fencing:ChainLink,Other,Partial
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 444-1307
- Office phone:
- (440) 444-1307
Taxes
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Tax Year:2024
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Tax Annual Amount:$2,076
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Listing Terms:Cash
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/1222-W-5th-Street-Lorain-OH-44052/unbranded
Heating & Cooling
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Heating:Electric,Gas,HotWater,Steam
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Heating:true
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Cooling:CeilingFans,None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Laundry Features:CommonArea,InBasement
Schools
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Elementary School District:Lorain CSD - 4709
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Middle School District:Lorain CSD - 4709
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High School District:Lorain CSD - 4709
The Community
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Community Features:LaundryFacilities,Playground,Park,Shopping,TennisCourts
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport:false
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Parking Features:Detached,Electricity,Garage,Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/27/25
Mar 27, 2025
|
Listed / Active | MLS_NOW | $95,000 |
