1150 W 5th ST new

Lorain,OH 44052

$ 335000

12 Beds

4 Baths

3900 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $85

Subdivision Charleston

MLS Listing ID 5138207

Bedrooms 12

Full Baths 4

Year Built 1900

Annual Tax Amount $3,525

Tax Year 2024

Lot Size 6,969 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State OH

County Lorain

Interior

Heating Gas

Cooling None

Exterior

Parking Features On Site

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

Schools

School District Lorain Csd - 4709

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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