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
Heating Information
Natural Gas
Forced Air
Cooling Information
Window Unit(s)
Water Features
Public
Parking
Off Street
Listing Courtesy: Howard Hanna - 877-734-5751
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-11-25 10:08:40
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Market statistics compiled from data from YES MLS.