407 Idaho AVE Pending

Lorain,OH 44052

$ 199900

6 Beds

3 Baths

2940 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,940 sqft

Price per Sqft $67

Subdivision C A Sturrevants Fairhome

MLS Listing ID 5135004

Bedrooms 6

Full Baths 3

Year Built 1900

Annual Tax Amount $2,220

Tax Year 2024

Lot Size 6,534 Sqft

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

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features On Site,On Street

Roof Type Asphalt,Fiberglass

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Lorain Csd - 4709

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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