5236 Lorain Avenue , Cleveland, OH 44102

$229,000
  • 5236 Lorain Avenue , Cleveland, OH 44102 Main Photo

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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET2,972 MLS#5203415
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBenedict & Root Allotment SCHOOLCleveland Municipal - 1809

Property Description

Welcome to this beautiful well-maintained duplex in the heart of the city, The Ohio City Neighborhood located at 5236 Lorain Ave. The spacious with high ceilings multi-family property offers almost 3,000 sq feet of living space making it an excellent opportunity for investors or owner-occupants. The basement great for storage is 1425 sq feet. The upper unit features 3 generously sized bedrooms and 2 full bathrooms offering ample space and comfort. The lower unit includes 2 bedrooms and full bathroom providing a functional and inviting layout. Both units offer bright living areas, well-proportioned rooms and plenty of natural light throughout with stunning hardwood floors. Additional highlights include a full basement, ideal for storage or potential additional use and has plenty of off-street parking in back great. Prime location for parking. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property is a must -see. This property brings in $30,000 a year and operates for less than $10,000. It is fully occupied and requires at least 48 hours notice for showing.

5236 Lorain Avenue | MLS# 5203415

This multi-family property located at 5236 Lorain Avenue , Cleveland, OH 44102 is currently listed for sale with an asking price of $229,000. Lorain Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.sulekandexperts.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Common Basement, Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $4,683 / year
Year Built: 1870

Feature Descriptions

Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Exterior: Lap Siding
Laundry: In Unit
Lot: Back Yard
Parcel#: 002-31-016
Parking: Gravel
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Window: Blinds, Insulated Windows

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Progressive Urban Real Estate Co
Agency Contact: danbcull@gmail.com, 216-218-4716

Shown By

Agency Title: Sulek & Experts Real Estate
Agency Phone: (740)699-0909

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Estimated Payment

$ 966.70 per month $509.65 Principal & Interest $390.25 Property Tax $66.79 Homeowner's Insurance

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