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516 Washington AVE Lorain, OH 44052
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Key Details
Sold Price $129,900
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Charleston
MLS Listing ID 5152414
Sold Date 11/13/25
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,710
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Triplex
Stories Three Or More
Story Three Or More
Property Description
Remarkable Triplex located just minutes from Lake Erie and the massive improvements happening along Lorain's inner corridor on Broadway. Among the improvements made, a new roof installation in 2025 and upgraded sewer stack in 2024. Each unit is a 1 bedroom / 1 bath with the owner paying water, trash, and sewer. Tenants pay the remainders of the utilities. The City of Lorain has made significant improvements to the downtown area over the past 5-7 years and this improvement shows no signs of slowing down! Be a part of history and pick up this ideally located Triplex on Washington Ave before the area truly kicks off!!!!
Location
State OH
County Lorain
Rooms
Basement Full
Interior
Heating Electric, Gas
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-005-108-007
Acceptable Financing Cash, Conventional, 1031 Exchange, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with James C Cain • Russell Real Estate Services
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