423 7th Street
Property Description
Income-producing triplex in Fairport Harbor with projected gross rental income of approximately $2,700 per month. Each unit includes a dedicated garage space in the detached three-car garage. The property also features a shared basement with separate washer and dryer hookups for each unit. Tenants pay all utilities except water. Two lower units were cosmetically updated in 2023 with new cabinets, flooring, countertops, paint, and appliances. The upper unit is currently vacant with estimated market rent of approximately $850 per month, offering flexibility for a new tenant or potential owner-occupancy. The upper unit furnace located in the attic has also been recently replaced. The home features a recently installed roof and is currently located near Fairport Harbor beach, parks, and local amenities. Structural engineer report and contractor proposal available for review.
Broker Details
HomeSmart Real Estate Momentum (440) 537-3949
MLS ID: 2017004286 State License Number: 2017004286
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $199,000 |
| Year Built: | 1910 |
| Lot Size: | 1,908.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5203543
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