USAOHLorainSheffield Land & Improv C1888 E 28Th St
1888 E 28 Th St, Condo with 0 bedrooms, 0 bathrooms and null parking in Lorain OH | Image 1
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$474,900

1888 E 28 Th St, Lorain, OH

Condo

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size  sqft
Garage No
Maintenance Fees 
Taxes $3,382
Days Active 22
Approx. Age 1925
MLS® Number 5137926

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in Lorain, Ohio—a fully occupied 10-unit apartment building in a high-demand rental market with low property taxes. Each unit is a one-bedroom, one-bath, with many updates already completed, making this a low-maintenance, easy-to-manage asset. There's additional upside with a currently unused storage area that could generate $50–$100 per month, and a small coin operated laundry room for extra income. The owner currently covers water, sewer, and gas due to the on-site boiler system. With rents significantly below market, there's immediate potential to increase revenue by $200-$300 per unit on renewals with minimal to no upgrades required.Show Description
MLS® Number5137926
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water, Steam
A/C
Heating Fuel

Extras

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