4461 Oberlin Ave, Lorain OH 44053 Photo 1

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4461 Oberlin Ave - 9 condo parcels consisting of 3 x 1000 SF offices downstairs and 6 x 1 BR apts upstairs. Owner pays electric bill for common area and water and sewer for upstairs apartments. Each office pays all their own utilities and each apartment upstairs pays their own electric. Most of the apartments upstairs have been remodeled with counter top ranges, refrigerators, and some with micro-waves, carpeting, and ceramic tile. Most offices downstairs have central air, forced air electric heating. Rubish and snow plowing expenses are shared with 2 other buildings (40%). Lawn mowing expense is 1/3 of total bill.

Listing information

  • MLS® ID: 3734798
  • Status: Sold on 10/7/2016
  • New Construction: No
  • Estimated Annual Taxes: $5,300
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • County: Lorain
  • Year Built: 1977
  • Parking Type Description: On Site 0 cars
  • Lot Area: 0.02


Assessments Y/N No
Basement Detail Slab
Cooling Type Central Air, Wall Unit(s)
Elevator Y/N No
Heating Fuel Electric
Heating Type Baseboard, Forced Air
Homestead Exemption Y/N No
Miscellaneous Features Carpeting, Sign
Other Current Use - Rental Income, Office Sq Ft - 3000, Residential SF - 4000, Trash Rubbish - 282, Units 1 Bedroom - 6
Owner Pays Electric, Sewer, Trash Collection, Water
Possession Time of Transfer
Property Subtype Mixed Use
Roof Asphalt/Fiberglass
Tenant Pays Electric, Heating
Water Sewer Public Sewer, Public Water
Listing Courtesy of Phoenix9 Realty, Inc.