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1912 E 40th Street

Lorain, OH 44055

3 beds
2 baths
1,580 sqft
7,362 sqft lot
$79 per sqft
1971 build
– on site

Investors - take note - this tenant occupied home can provide nice passive income. Rent is $1,400/month. Tenant pays all utilities/water/sewer. Lease expires 5/31/24. Tenant would like to stay. Flowing floorplan in this bilevel style property. Decent sized backyard. Maintained home. Do not disturb tenants. Property being sold as-is/where-is condition and Seller will not make any repairs regardless of any inspection results. Conv/DSCR/cash ok. Buyers to perform own due diligence and verify all property condition and information. Properties are available as a portfolio as well. Inquire with listing agent. MLS #5018959 ,#5018881,#5018757,#5018618,#5018346,#5018346,#5018353,#5018743.

Listing courtesy of MLS_NOW / Realtywise, Inc.

Last checked: Checking… • Last updated Apr 27, 2024 •

MLS# 5018743 —

The Building

Year Built:

1971
Year Built Source:

PublicRecords
Construction Materials:

AluminumSiding,WoodSiding
Architectural Style:

BiLevel
Levels:

Two,One,MultiSplit
Stories:

1
Roof:

Asphalt,Fiberglass
Basement:

PartiallyFinished
Basement:

true
Above Grade Finished Area:

1580.0
Above Grade Finished Area Source:

Realist

Interior

Rooms Total:

6
Fireplace:

false

Room Dimensions

Living Area:

1580.0
Living Area Units:

SquareFeet

Location

Directions:

North of Seneca, south of Homewood E 42 to Seneca, right on E 40th.
Latitude:

41.433828
Longitude:

-82.130803

The Property

Parcel Number:

03-00-100-117-002
Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Subtype Additional:

SingleFamilyResidence
Lot Size Acres:

0.169
Lot Size Area:

0.169
Lot Size Dimensions:

58 x 127
Lot Size Units:

Acres
Lot Size Source:

PublicRecords
Property Attached:

false
Waterfront:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$1,823

Beds

Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Full Baths:

1
Half Baths:

1
Main Level Baths:

1

The Listing

Listing Terms:

Cash,Conventional
Home Warranty:

false
Buyer Agency Compensation:

2.25
Buyer Agency Compensation Type:

Item1
Buyer Brokerage Compensation:

2.25
Buyer Brokerage Compensation Type:

Item1

Heating & Cooling

Heating:

Baseboard,Gas
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Schools

Elementary School District:

Lorain CSD - 4709
Middle School District:

Lorain CSD - 4709
High School District:

Lorain CSD - 4709

The Community

Pool Private:

false
Association:

false

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

2.0
Carport:

false
Parking Features:

Detached,Garage,Paved

Monthly cost estimate

Asking price

$125,000

Expense	Monthly cost
Mortgage	$669
Taxes	$151
Insurance	$34
Utilities	$167 See report
Total	$1,021/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
4/27/24 Apr 27, 2024	Listed / Active	MLS_NOW	$125,000
4/22/24 Apr 22, 2024	Sold Subject To Contingencies	MLS_NOW	$125,000
4/4/24 Apr 4, 2024	Listed / Active	MLS_NOW	$125,000

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This house located in South Lorain, Lorain, OH 44055 is currently for sale for $125,000. 1912 E 40th Street is a 1,580 square foot house with 3 beds and 2 baths that has been on Estately for 69 days. 1912 E 40th Street is in the South Lorain neighborhood of Lorain and has a WalkScore® of 28, making it car-dependent. This house is in the attendance area of Lorain High School, Palm Elementary School, and Longfellow Middle School.

Listing Courtesy of: MLS_NOW and Realtywise, Inc..

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 Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.