$985,000 1641 Root Rd Lorain, OH

MLS: 3927271   Type: Single Family   County: Lorain   City: Lorain   Neighborhood: Sheffield   Zip: 44052   Style: Colonial   # Rooms: 8    Stories: 2   Taxes: $3,371

Mortgage $4,624 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

4

2

1

4,931

0.79

1900

Drastically Reduced* Excellent Cash Cow Opportunity offering over 20 acres of land and a Multi-family 6 Bedroom Century Home with a pond is perfect for an owner user or investment with Endless Possibilities which presents an investor with a unique opportunity to acquire a stable investment* Easily Accessible with Ready to Build Suite Opportunity in Sheffield Village Twp/Lorain. Package located in Prime Location Near the corner of Root & Colorado locally known as a High Traffic Area*Perfect Development Site for Senior Housing, Healthcare, Motel, Retail Plaza & Many Others! There are 5 total parcels - 4 vacant land and 1 Multi-family home with a pond located at 1641 Root Rd over 20 acres ***Mineral Rights Are Also Included***Seller states Lots can tap into the utilities (Gas, Electric, Water & Sanitary/Storm Sewer) which are located on the property of the homesite* All 5 adjoining parcels fall under a JEDD with zoning options for Commercial, Industrial or Residential * The Prime location has allowed local businesses to service a wide geographic area including Lorain, Sheffield Village, Avon, Avon Lk, Westlake, Bay Village, N.Olm & Amherst and others*Market Highlights: Surrounding Retailers include Valero, Burger King, Pizza Hut, Discount Drug Mart, Midway Mall & Many Others. Within a half hour drive to Downtown Cleveland I-90, I-80, 480 & RT. 2! In the 2015 Fortune 500 ranking of the largest U.S. corporations, 7 companies are based in Northeast OH* Call or email with questions!

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Price History

8/1/2017 Listed $1,110,000
9/1/2017 12% - $985,000

HOA Northern Ohio Regional MLS
HOA Y/N 0
Homestead Exemption Yes
Limited Service No
Maintenance Fee? No
Property Sub Type Single Family
Property Type Residential
School District Lorain CSD
Short Sale No
Status Active
Style Colonial
Subdivision Complex Sheffield
Warranty? No
Year Built 1900

Interior Features

Appliances Equipment Smoke Detector
Basement Detail Full, Unfinished
Basement? Yes
Bedroom Dimensions 12.00 x 10.00
Cooling None
Dining Room Dimensions 18.00 x 12.00
Family Room Dimensions 19.00 x 14.00
Fireplaces Total 0
Full Baths 2
Full Baths Lower 0
Full Baths Main 2
Full Baths Upper 0
Half Baths 1
Half Baths Lower 0
Half Baths Main 1
Half Baths Upper 0
Heating Fuel Gas
Heating Type Other, Radiators
Kitchen Dimensions 15.00 x 12.00
Living Room Dimensions 14.00 x 14.00
Master Bedroom Dimensions 16.00 x 14.00
Room Count 9
Sun Room Dimensions 9.00 x 14.00

Exterior Features

Driveway Paved
Exterior Vinyl
Garage Capacity 2
Garage Features Attached, Door Opener, Electric
Irregular Lot No
Lot Description Addt'l Land Avail, Pond, Wooded/Treed
Lot Dimensions 256x116x330
Lot Size Units Acres
Natural Resource Rig Mineral
Roof Asphalt/Fiberglass
Stories 2.00
Water Sewer Public Sewer, Public Water

Property Schools



Direct Link:

http://daniellekelly.russellrealty.com/property/192-3927271-1641-Root-Rd-Lorain-OH-44052

Gallery (31 photos)

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Property vs Zip Code Avg (44052)

Price 985K Avg 70K

Sqr Feet 4,931 Avg 1,431

Cost / Sqr Ft $200 Avg $49

Taxes $3,371 Avg $2,156

Acres 0.79 Avg 0.15

Visits 2,519 Avg 3,285

Days on Site 136 Avg 184

Walkscore® 20 Avg 41

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Listing Provided Courtesy Of: Russell Real Estate Services




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Location & Address

Danielle Kelly
12198 Pearl Rd.
Strongsville, OH
440-823-4255
440-268-9647

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