Property
Beds
12
Full Baths
4
1/2 Baths
None
Year Built
1900
Sq.Footage
3,900
1150 West 5th Street in Lorain is a solid investment opportunity for anyone looking to add value and grow their rental portfolio. This four-unit property features spacious layouts, with each unit offering three bedrooms and one bathroom at just under 1,000 square feet. While it is a fixer-upper in need of renovation, it provides the ideal blank slate to customize and increase future rental income. Each unit includes a private basement for tenant storage and convenient on-site parking. The location is a major highlight, with close proximity to downtown Lorain, Black River Landing for concerts and events, and less than half a mile from beautiful Lake Erie. With strong potential in an area poised for continued growth, 1150 West 5th Street is ready for an investor with vision to make it shine.
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
4
-
Above Grade Finished Area
3900.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Site
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$249,900
-
Tax Amount
$3,525
-
Sq. Footage
3, 900
-
Price/SqFt
$64
HOA
-
Association
No
School District
-
Elementary School
Lorain CSD - 4709
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Lorain
Elementary School
Lorain CSD - 4709
Middle School
High School
Listing Courtesy of Jeffrey McManamon , Hotdoors, LLC
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