1404 Long Avenue, Lorain, OH 44052
- $325,000
- 4
- BD
- 5
- BA
- List Price
- $325,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 146
- Price Change
- ▼ $24,900 1776385827
- MLS#
- 5191201
- Subtype
- Residential Income
- Year Built
- 1919
- Bedrooms
- 4
- Bathrooms
- 5
- Full Baths
- 5
- Acres
- 0.07
- MLS Area Major
- Lorain
Property Description
Beautifully maintained and thoughtfully updated brick property offering strong income potential and timeless character. This solid investment features four spacious one-bedroom apartments and one studio apartment, all currently occupied, providing immediate and consistent rental income. The second floor offers three one-bedroom apartments and one studio, each thoughtfully updated to blend modern comfort while preserving the building’s original charm. The lower level provides convenient laundry facilities and additional storage for tenants. Major improvements include renovations to all residential units, two new baseboard heating units (2025), six new hot water tanks and two new wall furnaces (2024), brick tuckpointing (2024), and a new roof (2022). Ideally located just minutes from Black River Landing and Lake Erie, the property offers convenient access to waterfront events, dining, and recreation. A rare opportunity to own a well-maintained investment property in a high-visibility location with established rental income. Schedule your private showing today.
Additional Information
- Taxes
- $1,873
- Appliances
- Microwave, Range, Refrigerator
- Heating
- Baseboard, Electric, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Flat
- Parking Features
- On Street
- School District
- Lorain CSD - 4709
Listing Courtesy of: Joe Vaccaro, joe@vaccaroteam.com With EXP Realty, LLC.
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