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1315 Massachusetts Ave, Lorain, OH, 44052

$149,000

Home List Price

$1,769*

Closing Credit

4 Bedrooms
2 Full Baths
1,728 SqFt
$86/SqFt
Multi

Location

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1315 Massachusetts Ave, Lorain$149,000

Buyer Closing Credits

$1,769*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, On Site
Year Built1978
HeatingBaseboard, Electric
CoolingWall/Window Unit(s)
ViewNeighborhood
MLS #5086625
Lot Size0.13 Acres
StatusActive

About 1315 Massachusetts Ave

Well maintained multi-family home that is perfect for investment income or a house hack where you live in one unit and rent the other. Current tenants at $850/$805 that pay all utilities including water. There are laundry rooms in both units. This is an excellent opportunity to get into real estate investing with a turn-key property with long term tenants in place

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 2
  • Living Area: 1,728 SqFt

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (440) 420-0528
  • Listing Agent: Kenneth Lencoski

Interior Features

Interior Information:

  • Appliances: Dryer, Disposal, Range, Refrigerator, Washer
  • Basement: No
  • Interior: Eat-in Kitchen, Laminate Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Site

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Rectangular Lot, Few Trees
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Head east on E Erie Ave from Broadway. Turn south on Missouri Ave. Turn west on G st. Turn south on Massachusetts. House will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,000
  • Price Per SqFt: $86/SqFt
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Housing Market Comparison

See how this home compares to others in Lorain, OH.

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Lorain, OH

City

Med. Sold Price

$145K

Med. Price/SqFt

$98

Avg. Days On Market

42

# of Sold Homes

57

1315 Massachusetts Ave vs Lorain

1 DAY ON ROCKET

-41 Days

$149,000

+$4K More

$86/SqFt

-$13 Less

KEY TAKEAWAY

This property is $4K more than the Median Sold Price and $13/SqFt less than other homes in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5086625

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (440) 420-0528
  • Listing Agent: Kenneth Lencoski

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$513

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-958740
5
/10

  • Larkmoor Elementary School

  • 1201 Nebraska Ave

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-958741
3
/10

  • Admiral King Elementary School

  • 720 Washington Ave

  • 1.58 miles

  • Public District Grades PK-5

school-card-donut-958742
3
/10

  • Constellation Schools: Lorain Community Elementary School

  • 1110 W 4th St

  • 1.71 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,057. The majority of Lorain, OH residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Lorain County›Lorain›44052›1315 Massachusetts Ave

This home is located at 1315 Massachusetts Ave in Lorain, OH and zip code 44052 in the Highview Park neighborhood. This 1,728 square foot home, which was built in 1978, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $149,000.

In October 2024, from all listings sold in Lorain, OH there were more than 18 sold above asking price, over 23 sold below and more than 16 were sold right at the asked price. In October 2024 in Lorain, OH there were 9.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 42 days, the median list price was $145,000.

From Rocket Homes Real Estate and based on county public records data.

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