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Listed By
Agency Name: Howard Hanna
Agency Contact: noel@supremeret.com,216-210-3310
Shown By
Agent Name: Kim Mills
Agent Phone: (614) 439-9132
Agency Title: Cutler Real Estate
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Property Description
Fantastic investment opportunity in Lorain! This side-by-side quad features four 2-bedroom, 1-bathroom units, each with convenient in-unit laundry. Three of the four units are currently rented and professionally managed, providing immediate rental income and an established rental history. The fourth unit is currently vacant and offers an investor the opportunity to complete the renovation and bring it to market-ready condition. With three income-producing units already in place and significant upside in finishing the fourth, this property presents a great opportunity for investors looking to add value, increase rents, and maximize future cash flow. Bring your vision and take advantage of the potential this four-unit property offers!
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.28 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,086 / year
Year Built: 1943
Feature Descriptions
Exterior: Aluminum Siding
Laundry: In Unit
Parcel#: 02-01-006-158-014
Parking: Outside, Paved
Sewer: Private Sewer
Water: Public
Local Schools
School District: Lorain City
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Estimated Payment
$ 1,610.71 per month $1,280.62 Principal & Interest $257.17 Property Tax $72.92 Homeowner's InsuranceChange Payment Information
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954 N Central Drive | MLS# 5235547
This multi-family property located at 954 N Central Drive, Lorain, OH 44052 is currently listed for sale with an asking price of $250,000. N Central Drive is located within the Lorain City school district. Search Lorain real estate on www.sellwithmills.com today.