Incredible investment opportunity in Lorain! This five-unit income property with an additional office space is fully occupied except for the office, generating over $4,200 per month with room to grow. The building features three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a great mix for steady rental demand. The office space includes its own bathroom and provides endless potential. Rent it out for additional income or transform it into a salon, beauty parlor, or small business suite. The property offers a solid brick exterior, plenty of off-street parking for tenants and guests, and a prime location near downtown Lorain, Lakeview Park, shopping, and highways. Don’t wait to add this turnkey multi-unit property to your portfolio.
- Waterfront:
- No
- Country:
- US
- County:
- Lorain
- City:
- Lorain
- Zipcode:
- 44052
- Street:
- Washington Ave.
- Street Number:
- 1850
- Longitude:
- E0° 0' 0''
- Latitude:
- N0° 0' 0''
- Office Name:
- Howard Hanna - Port Clinton
- Agent Name:
- Kyle M Recker
- Property Subtype 1:
- 5-15 Units
- Listing Agent MLS ID:
- KMRECKER
- Listing Office MLS ID:
- F32001
- Parcel ID:
- 0201006138037
- Area:
- N/A
- School System:
- Lorain
Multiple Units For Sale
1850 Washington Ave., Lorain, 44052
- Property Type :
- Multiple Units
- Listing Type :
- For Sale
- Listing ID :
- 20254144
- Price :
- $334,900
- Year Built :
- 1900
- Lot Area :
- 6,299 Sqft
- Status :
- Contingent
