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.

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Property Details of 1888 E 28th Street

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Don Petrasek

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Property Details of 1888 E 28th Street

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Community

Schools

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?