REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tom Garuccio

tom@garucciogroup.com +1(440) 754-7449

$ 325,000

Est. payment | -/mo

4 Beds

5 Baths

3,049 Sqft Lot

Save

$ 325,000

Est. payment | -/mo

Save

4 Beds

5 Baths

3,049 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 5191201

Bedrooms 4

Full Baths 5

HOA Y/N No

Year Built 1919

Annual Tax Amount $1,873

Tax Year 2025

Contingent Inspections

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Quadruplex

Property 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

State OH

County Lorain

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Electric, Gas

Cooling None

Fireplace No

Appliance Microwave, Range, Refrigerator

Laundry In Basement

Exterior

Parking Features On Street

Water Access Desc Public

Roof Type Flat

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-006-130-045

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Joe Vaccaro • EXP Realty, LLC. • joe@vaccaroteam.com, 216-503-7007

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(440) 754-7449

tom@garucciogroup.com

1404 Long AVE Lorain, OH 44052