3 months on rocket

1548 Reid, Lorain, OH, 44052

$899,999

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
13,500 SqFt
$67/SqFt
Multi
Schools Nearby

Location

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1548 Reid, Lorain$899,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingParking Lot
Year Built1895
HeatingHot Water, Radiant, Steam
CoolingCentral Air, Multi Unit(s)
BasementYes
MLS #5009643
Lot Size0.16 Acres
StatusActive

About 1548 Reid

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 !

Property Details

Property Features

Property Information:

  • Year Built: 1895
  • Stories: 2
  • Living Area: 13,500 SqFt

Listing Office:

  • Office Name: Ohio Property Group, LLC
  • Office Phone: (419) 790-3106
  • Listing Agent: Glen G Whitten

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Cathedral Ceiling(s), High Ceilings, Open Floorplan, Recessed Lighting, Smart Thermostat, Natural Woodwork

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant, Steam
  • Cooling: Central Air, Multi Unit(s)

School Info

Assigned Schools Information:

  • Lorain High School, Public District Grades 9-12
  • General Johnnie Wilson Middle School, Public District Grades 7-8
  • Hawthorne Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Off 15th and Reid Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,999
  • Price Per SqFt: $67/SqFt
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Housing Market Comparison

See how this home compares to others in Lorain, OH.

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Lorain, OH

City

Med. Sold Price

$139.4K

Med. Price/SqFt

$92

Avg. Days On Market

40

# of Sold Homes

66

1548 Reid vs Lorain

115 DAYS ON ROCKET

+75 Days

$899,999

+$760.5K More

$67/SqFt

-$26 Less

KEY TAKEAWAY

This property is $760.5K more than the Median Sold Price and $26/SqFt less than other homes in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5009643

Listing Office:

  • Office Name: Ohio Property Group, LLC
  • Office Phone: (419) 790-3106
  • Listing Agent: Glen G Whitten

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 1:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3107956
3
/10

  • Hawthorne Elementary School

  • 610 W 20th St

  • 0.35 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3107957
4
/10

  • General Johnnie Wilson Middle School

  • 2700 Washington Ave

  • 0.87 miles

  • Public District Grades 7-8

High School

school-card-donut-3107958
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 1.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,810. Most Lorain, OH residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Lorain County›Lorain›44052›1548 Reid

This home is located at 1548 Reid in Lorain, OH and zip code 44052. This 13,500 square foot home, which was built in 1895, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $899,999.

Over 26 listings were sold over their listed price in March 2024 in Lorain, OH. In the same period over 24 listings were sold below the listed price and 16 listings were sold for the listed price. The number of listings in Lorain, OH increased by 8.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $139,433, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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