Address
426 5th Street, Fairport Harbor, OH
Price
$ 495,000
Property Attributes
  • MLS#4468705
  • TypeContingent
  • CountyLAKE
  • CityFairport Harbor
  • NeighborhoodThe Syndicate Sub
  • Zip44077
  • Style
  • Year Built1928
  • Taxes$ 10083
  • Price$ 495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
Data Source:
MLSNow
Property Description

Portfolio of four duplexes in Fairport Harbor and Painesville. All properties are within close proximity to each other easing management responsibilities. 100% occupied. 426 Fifth St & 422 Fifth St are only steps away from Lake Erie. Each unit is currently below market rents offering new ownership to increase income in year one. Properties may be purchased separately with lender approval due to umbrella financing that is currently in place. Preference is for total portfolio sale.

Price History
7/12/2023 Listed $495,000

General Features

Additional Parcels Description 14A0150000810 15C0070000350 11A020A000060
Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Carport Y/N No
City Fairport Harbor
Cooling None
County Lake
Days on Market 17
Directions OH-2 to OH-238.
Elementary School District Fairport Harbor EVSD - 4301
Garage Y/N No
Heating HotWater, Steam
High School District Fairport Harbor EVSD - 4301
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Middle/Junior School District Fairport Harbor EVSD - 4301
Mobilehomeremainsyn No
New Construction No
Occupancy Description Tenant
Possession DeliveryOfDeed
Property Attached Y/N No
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type CommercialSale
Rent Control Y/N No
Roof Asphalt, Fiberglass, Pitched
Senior Community Y/N No
Sewer PublicSewer
Standard Status ActiveUnderContract
Status Pending
Street Name 5th
Subdivision Name The Syndicate Sub
Tax Annual Amount 10083.0
Total Units 8
Township Fairport Harbor Vlg
View Y/N No
Virtual Tour https://www.propertypanorama.com/426-5th-Street-Fairport-Harbor-OH-44077--4468705/unbranded
Waterfront Y/N No
Year Built 1928

Interior Features

Above Grade Finished Area 6000.0
Above Grade Finished Area Source Assessor
Air Conditioning Y/N No
Basement Full
Basement (Y/N) Yes
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Street
Total Stories 2

Exterior Features

Building Area Total 6000.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Source Assessor
Lot Size Units Acres
Number of Buildings 4
Open Parking Y/N No
Parking Features Driveway, Paved, Unpaved
Spa No
Water Source Public

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 Contingent Average in 44077

Price
AVG $320K
$500K
Taxes
AVG $4,650
$10,083
Visits
AVG 94
83
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1928

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