Welcome to this recently renovated colonial duplex, both sides have been renovated. An excellent investment opportunity with a long-term tenant currently occupying half the duplex providing immediate rental income. The other side is available for you to call it home or for further rental income. The choice is yours. Each unit boasts comfortable living spaces with 2 bedrooms and 1 1/2 bathrooms and has its own utility space, so no need to share a laundry space.
As you head around into the backyard, you will see your own personal storage area that is not shared with the neighbor, each tenant has their own. Many duplexes in the area do not have this feature. Each unit also has their own garage, with newer doors, so no need to park anywhere else. Newer 2024 Stainless steel kitchen refrigerator and range included along with the washer, dryer and water heater on tenant side. Don't miss out on this fantastic opportunity to own a multi-family property. Schedule a showing today!
Sold for $166,500 on 11/13/24
$166,500
631 Root Rd, Lorain, OH 44052
4beds
1,768sqft
Duplex, Multi Family
Built in 1979
-- sqft lot
$184,300 Zestimate®
$94/sqft
$1,344 Estimated rent
Home value
$184,300
$168,000 - $201,000
$1,344/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 08, 2024 at 10:47am
Listed by:
Danielle Preyss daniellepreyss@howardhanna.com440-552-6644,
Howard Hanna
Bought with:
Gregory Erlanger, 2004000516
Keller Williams Citywide
Source: MLS Now,MLS#: 5075822Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Range
- Laundry: Main Level
Features
- Basement: None
Interior area
- Total structure area: 1,768
- Total interior livable area: 1,768 sqft
- Finished area above ground: 1,768
Property
Parking
- Parking features: Driveway, Paved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Chain Link
Lot
- Size: 9,147 sqft
Details
- Parcel number: 0300031105041
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Cedar
- Roof: Asphalt,Shingle
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lorain
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2024 | Sold | $166,500+7.5%$94/sqft |
Source: Public Record | ||
| 10/10/2024 | Pending sale | $154,900$88/sqft |
Source: MLS Now #5075822 | ||
| 10/7/2024 | Listed for sale | $154,900+63.1%$88/sqft |
Source: MLS Now #5075822 | ||
| 6/15/2022 | Sold | $95,000-6.9%$54/sqft |
Source: Public Record | ||
| 7/26/2002 | Sold | $102,000$58/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,036 +1.3% | $48,180 +26.6% |
| 2023 | $2,010 +0.9% | $38,050 |
| 2022 | $1,993 +0% | $38,050 |
Find assessor info on the county website
Neighborhood: 44052
Nearby schools
GreatSchools rating
- 6/10Larkmoor Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Longfellow Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Lorain High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- District: Lorain CSD - 4709
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$184,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$184,300