Listed By
Agency Name: Howard Hanna - Port Clinton
Shown By
Agent Name: Karen Fitzpatrick
Agent Phone:
Agency Title: Cutler Real Estate
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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.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Gas
Heating: Forced Air
Lot Size: 0.14 Acres
Taxes: $3,808
Year Built: 1900
Feature Descriptions
Exterior: Brick
Lot Dimensions: 0.1446 Acre(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain
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Estimated Payment
$ 2,117.27 per month $1,702.26 Principal & Interest $317.33 Property Tax $97.68 Homeowner's InsuranceChange Payment Information
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1850 Washington Ave. | MLS# 20254144
This multi-family property located at 1850 Washington Ave., Lorain, OH 44052 is currently listed for sale with an asking price of $334,900. Washington Ave. is located within the Lorain school district. Search Lorain real estate on string.cutlerhomes.com today.