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Property Description

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.

Features
: No
Address Map
US
Lorain
Lorain
44052
Washington Ave.
1850
E0° 0' 0''
N0° 0' 0''
MLS Addon
Howard Hanna - Port Clinton
Kyle M Recker
: 5-15 Units
KMRECKER
F32001
0201006138037
N/A
: Lorain

Multiple Units For Sale

1850 Washington Ave., Lorain, 44052

6,299 Sqft
$334,900
Listing ID #20254144
Basic Details
Property Type : Multiple Units
Listing Type : For Sale
Listing ID : 20254144
Price : $334,900
Year Built : 1900
Lot Area : 6,299 Sqft
Status : Active
Agent info
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