Residential Income in Lorain

$325,000

1404 Long, 44052, Lorain, OH

UNDER OFFER

Residential Income for sale in Lorain, 1404 Long, 44052

1404 Long, 44052, Lorain, OH

$325,000

4Bed
5Bath
Type: Residential Income

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.

Location

1404 Long, 44052, Lorain, OH

Data

Object TypeResidential Income
Purchase Price$325,000
Living Space0 m²
Plot Size283.28 m²
Bathrooms5
Construction Year1919
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard, Electric, Gas
Primary Energy SourceN/A
Construction Year1919
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent