New Construction
Address
1548 Reid, Lorain, OH
Price
$ 899,999
Property Attributes
  • ID#5009643
  • TypeMulti-Family
  • CountyLORAIN
  • CityLorain
  • NeighborhoodSelah Chamberlain
  • Zip44052
  • Style
  • Year Built1895
  • Taxes$ 5000
  • Price$ 899,999
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage13500
  • Lot Size6,970 SqFt
Data Source:
MLSNow
Property Description

Welcome to St. Joes lofts, a newly converted church to apartment building . This 19,000 Sq ft building with 100 space plus parking lot comes equipped with 4 apartments on the main floor with the availability to add 4 more upstairs or use as work/office space . The basement will be Setup for additional storage for each unit along with a gym for all occupants. The parking lot is also included in the sale and can be used for additional income. The property is currently under construction and is at the demo stage with plans being developed to submit for city final approval. Bring your contractor or business plan and we will assist with submitting your plans for approval . Historical tax credits , tax abatements and other benefits are available for this project . Setup your showing today !

Price History
1/4/2024 Listed $899,999

General Features

Interior Features CathedralCeilings,HighCeilings,OpenFloorplan,RecessedLighting,SmartThermostat,NaturalWoodwork
Sewer PublicSewer
Heating HotWater,Radiators,Steam
Cooling CentralAir,MultiUnits
Possession DeliveryOfDeed
Roof Asphalt
Appliances Dishwasher,Microwave,Range,Refrigerator
Security Features CarbonMonoxideDetectors,SmokeDetectors
Construction Materials Brick
Year Built 1895
Stories 2
Township Lorain
Levels Two
Property SubType Quadruplex
Tax Year 2023
County Lorain
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Selah Chamberlain
Garage Y/N No
Status Active
Directions Off 15th and Reid Ave
ModificationTimestamp 2024-01-22T14:19:42.827-00:00
City Lorain
Buyer Agent Compensation 3.50%
View Y/N No
Senior Community Y/N No
High School District Lorain CSD - 4709
Waterfront Y/N No
Carport Y/N No
Street Name Reid
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5000.0
Home Warranty Y/N No
Property Condition UnderConstruction
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 18
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
Buyer Agent Compensation Type Item1
Legal Description CHAM FRNT 0050.00 DPTH 0140.00

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ENERGYSTARQualifiedWindows
Fireplace Y/N No
Above Grade Finished Area 13500.0
Full Baths 4
Laundry Features InBasement
Total Bedrooms 4
Electric On Property Y/N No
Above Grade Finished Area Source Owner
Total Baths 4
Living Area Units SquareFeet

Exterior Features

Fencing None
Parking Features ParkingLot
Water Source Public
Lot Size Area 0.16
Foundation Details Block
Number of Buildings 1
Spa No
Lot Size Acres 0.16
Lot Size Units Acres
Lot Size Source PublicRecords
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44052

Price
AVG $360K
$900K
Taxes
AVG $2,344
$5,000
Visits
AVG 269
241
Data Provided by Inside Real Estate®
Year Built
AVG 1898
1895

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