Commercial Real Estate for Sale at 215 Foster Avenue in Elyria, OH for $1,835,000

Listing data updated February 20, 2024 - 10:27pm
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215 Foster Avenue | Elyria

$1,835,000 | 0.0 Sq. Ft.

This is a portfolio of seventeen properties, 16 single family homes and one duplex, accumulated and maintained over many years. Fully rented to stable tenants, with total annual rents of over $222,000 and operating at a cap rate in excess of 9. Seller would like to change his business model, and purchase larger properties. Showings will be available to qualified buyers after initial negotiations. Please do not disturb tenants. MLSNow 4460522

Directions to property: Various locations in Lorain County, in the cities of Elyria and Lorain.

MLS Listing ID: 
MLSNow 4460522
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,835,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Other
Primary Market Area: 
Elyria
Address: 
215 Foster Avenue, Elyria, OH 44035
County: 
Lorain
Latitude: 
41.3787180
Longitude: 
-82.1122890
Directions: 
Various locations in Lorain County, in the cities of Elyria and Lorain.
Public Remarks: 
This is a portfolio of seventeen properties, 16 single family homes and one duplex, accumulated and maintained over many years. Fully rented to stable tenants, with total annual rents of over $222,000 and operating at a cap rate in excess of 9. Seller would like to change his business model, and purchase larger properties. Showings will be available to qualified buyers after initial negotiations. Please do not disturb tenants.
Community Information
School District: 
Lorain CSD - 4709
Subdivision: 
S Mendelsons
Building Details
Details about the building on a property.
Year Built: 
1950
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Public Record
Parcel Number: 
06-24-052-104-005
Annual Tax: 
$16,716.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
John H Fitch
Listing Office Name: 
Market First Real Estate Services

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