2375 Sanitarium Rd, Lakemore, OH

Name: 2375 Sanitarium Rd, For Sale in Lakemore - Zoocasa
Brand: Keller Williams Living
SKU: 5249146
Price: 230000 USD

House

For Sale

Listed price in listed location currency (USD).

$230,000

630

MLS® 5249146

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 2292 sqft

Garage

Taxes $2,040

Days Active 21

Lot Size 0.2443 Acres

Approx. Age 1969

Avg. Price Per Sqft $100

MLS® Number 5249146

Property Address: 2375 Sanitarium Rd, Lakemore, OH, 44250-8806

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied triplex with long-term tenants in place, currently generating $3060 per month in scheduled rent. Current rents are $990, $1080 and $990, all 3 are subsidzed (some partially). Tenants pay electric; owner is responsible for gas, water, sewer and trash due to the building’s central boiler system. Interior photos are from a prior 2021 listing and are provided for general reference only. Current condition may differ due to continued tenant occupancy. The units reflect older finishes and buyers should anticipate updating and turnover work as vacancies occur. The roof was replaced in 2006, the boiler in 2007, and the windows and siding in 2010. Buyer should independently verify ages and condition of all major components. Convenient location near local schools and Lakemore Recreation Park. This is an opportunity to acquire three occupied units at an attractive per-unit basis with future value-add potential. A neighboring duplex with comparable unit square footage recently sold for $111, 000 per unit, while 2375 Sanitarium is being offered at approximately $76, 667 per unit. Existing leases and trailing operating statements are available for review. Please do not disturb tenants. End buyers only.

MLS® Number5249146

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1969

BasementNone

DrivewayNo Garage, Unpaved

Garage Spaces

HeatGas, Hot Water, Steam

A/CNone

Extras

Map

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