1641 Root Rd

    Lorain, OH 44052
    • $750,000
    • STATUS: Active
    • ON SITE: 294 days
    • MLS #: 3927271
    UPDATED: 53 min ago
    $750,000
    • 4
      BEDS
    • 20.01
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 3,164
      SQFT
    • $237
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Russell Real Estate Services.
    Listing information © 2017 NEOHREX MLS.

    Description

    Motivated Seller! Drastically Reduced* Excellent Cash Cow Opportunity offering over 20 acres of land & 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 w 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 & 1 Multi-family home w 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 & others*Market Highlights: Surrounding Retailers incl Valero, Burger King, Pizza Hut, Discount Drug Mart, Midway Mall & Many Others. Within a half hr 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 w questions!

    Monthly Payment Calculator

    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Trends Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2018-05-23T12:08:11.46.
    www.trendsrealtyofohio.com/homes/75368239

    1641 Root Rd Lorain, OH 44052

    • Price: $750,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 3927271
    4
    Beds
    2
    Baths
    1
    ½ Baths
    20.01
    Acres
    3,164
    SQFT
    $237
    $/SQFT
    1900
    Built
    Neighborhood:
    Sheffield
    County:
    Lorain
    Area:
    Lorain
    School District:
    Lorain CSD
    Property Description
    Motivated Seller! Drastically Reduced* Excellent Cash Cow Opportunity offering over 20 acres of land & 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 w 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 & 1 Multi-family home w 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 & others*Market Highlights: Surrounding Retailers incl Valero, Burger King, Pizza Hut, Discount Drug Mart, Midway Mall & Many Others. Within a half hr 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 w questions!
    Exterior Features

    Driveway Paved Exterior Vinyl Garage Features AttachedDoor OpenerElectric Irregular Lot No Lot Description Addt'l Land AvailPondWooded/Treed Roof Asphalt/Fiberglass Style Colonial

    Interior Features

    Appliances Equipment Smoke Detector Basement Yes Basement Detail FullUnfinished Cooling Type None Heating Fuel Gas Heating Type OtherRadiators Rooms Dining Room (First Level) Sun Room (First Level) Total Fireplaces 0 Total Rooms 8

    Property Features

    Annual Taxes 3371.74 Assessments No Association Northern Ohio Regional Mls Auction No Available Financing CashConventional HOA No Homestead Exemption Yes Lot Dimensions 256X116x330 Maint Fee No Mls Number Cross Reference 3927277392727839278353927828 Natural Resource Rights Mineral Short Sale No Township Lorain City Twp Warranty No Water Sewer Public WaterPublic Sewer Year Built Exception Actual Ybt

    Listing information © 2018 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Russell Real Estate Services.
    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Trends Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2018-05-23T12:08:11.46.
     
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    Listing courtesy of Russell Real Estate Services.
    Listing information © 2017 NEOHREX MLS.