2375 Sanitarium Road, Lakemore, OH 44312
Local realty services provided by:CENTURY 21 Lakeside Realty
Listed by: michael l magno
Office: keller williams living
MLS#:5249146
Source:OH_NORMLS
Price summary
- Price:$230,000
- Price per sq. ft.:$100.35
About this home
Fully occupied triplex with long-term tenants in place, currently generating $3060 per month in scheduled rent. Current rents are $990, $1080 and $990, all 3 are subsidzed (some partially). Tenants pay electric; owner is responsible for gas, water, sewer and trash due to the building’s central boiler system. Interior photos are from a prior 2021 listing and are provided for general reference only. Current condition may differ due to continued tenant occupancy. The units reflect older finishes and buyers should anticipate updating and turnover work as vacancies occur. The roof was replaced in 2006, the boiler in 2007, and the windows and siding in 2010. Buyer should independently verify ages and condition of all major components. Convenient location near local schools and Lakemore Recreation Park. This is an opportunity to acquire three occupied units at an attractive per-unit basis with future value-add potential. A neighboring duplex with comparable unit square footage recently sold for $111,000 per unit, while 2375 Sanitarium is being offered at approximately $76,667 per unit. Existing leases and trailing operating statements are available for review. Please do not disturb tenants. End buyers only....
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Home facts
- Year built:1969
- Subdivision & Development:Tract 6
- Listing ID #:5249146
- Added:21 day(s) ago
- Updated:October 24, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Basement:Yes
- Living area:2,292 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water, Steam
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1969
- Building area:2,292 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Brick, Vinyl Siding
- Foundation Description:Slab
- Levels:1 Story, 2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$230,000
- Price per sq. ft.:$100.35
- Tax amount:$2,040 (2025)
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