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1222 W 5th Street

Lorain, OH 44052
  • $95,000
  • STATUS: Pending
  • ON SITE: 30 Days
  • MLS #: 5110032
Pending
UPDATED: 136 min ago
$95,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,378
    SQFT
  • $28
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Realtywise, Inc..
Listing information © 2025 YES-MLS.

Description

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.

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Listing information © 2025 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Griggy Property Group | KW Chervenic are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2025-04-27T00:08:08.403.
www.griggypropertygroup.com/homes/161971005
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1222 W 5th Street Lorain, OH 44052

  • Price: $95,000
  • Status: Pending
  • On Site: 30 Days
  • Updated: 136 min ago
  • MLS #: 5110032
4
Beds
2
Baths
0
½ Baths
0.22
Acres
3,378
SQFT
$28
$/SQFT
1900
Built
County:
Lorain
Area:
Lorain
School District:
Lorain CSD
Property Description
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Fencing Chain Link Other Partial Garage YN Yes Levels Two Parking Features Detached Electricity Garage Paved Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Basement Full Partially Finished Basement YN Yes Below Grade Finished Area 910 Cooling Ceiling Fan(s) None Cooling YN No Foundation Details Block Heating Electric Gas Hot Water Steam Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Common Area In Basement Main Level Bathrooms 0

Property Features

Above Grade Finished Area 2468 Community Features Laundry Facilities Playground Park Shopping Tennis Court(s) Direction Faces South Elementary School District Lorain CSD - 4709 Home Warranty YN No Listing Terms Cash Middle Or Junior School District Lorain CSD - 4709 Owner Pays Sewer Water Property Sub Type Duplex Sewer Public Sewer Tax Annual Amount 2076 Tenant Pays Electricity Gas Township Lorain Water Source Public

Listing information © 2025 YES-MLS.
Listing provided courtesy of Realtywise, Inc.: 440-444-1307.
Listing information © 2025 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Griggy Property Group | KW Chervenic are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2025-04-27T00:08:08.403.
 
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Griggy Property Group | KW Chervenic
3810 Starrs Center Ct
Canfield OH, 44406
Listing courtesy of Realtywise, Inc..
Listing information © 2025 YES-MLS.