Seller Financing
1022 W Erie Avenue Lorain, OH
$ 198,000
Property Attributes
  • MLS#4174588
  • TypeCommercial
  • CountyLORAIN
  • CityLorain
  • AreaLorain
  • NeighborhoodCharleston
  • Zip44052
  • StyleApartment
  • Year Built1900
  • Taxes2516
  • Price$ 198,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4716
  • Lot Size12,632 SqFt
Listing Provided Courtesy Of:
Vince Senauskas with Realty Express
Property Description

Great turnkey investment opportunity! Group of properties on two parcels including two duplexes plus a studio apartment with attached storage and garage. Fully occupied at $2560/mo. All tenants are on leases and pay all utilities. Recent updates include remodeled kitchens and bathrooms, new carpet, fresh paint, plumbing updates, new flat roof on front porch. Five minute walk to downtown Lorain. Water is in landlord's name and billed back to the tenants. Collected with the next month's rent. Owner financing possible at 40% down, 6.5% interest OR 20% down, 7% interest.

Price History
3/16/2020 Listed $198,000

General Features

Cooling Window Unit(s)
HOA Fee 2 2496
Heating Forced Air, Gas
MLS Area Lorain
Parking Features Assigned, Driveway
Property SubType Apartment
Property Type Commercial Sale
Roof Asphalt, Fiberglass
Sewer Public Sewer
Stories 2
Subdivision Name Charleston
Terms Cash, Conventional, Owner Will Carry
Township Lorain City Twp

Interior Features

Above Grade Finished Area 4716
Air Conditioning Y/N Yes
Basement Unfinished
Heating Y/N Yes
Living Area 4716

Exterior Features

Lot Size Acres 0.29
Lot Size Area 0.29
Lot Size Source Assessor
Lot Size Units Acres
Total Parking 12
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 44052

AVG $220K
AVG $4,351
AVG 28
Year Built
AVG 1922
AVG 58
Data Provided by Walkscore ® not using MLS data

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