1505 Herbert Drive
Lorain, OH 44053
$699,000
20 Total Photos [Click to View All]
Listing Details
- $699,000
- MLS# 5204706
- Type Commercial - Business
- Status Active
Home Value Estimate
Description
This newly renovated 8 suite apartment building is fully occupied with an excellent rent roll, all at or near $850/month. Each unit is a 1 bed, 1 bath and all are quite spacious! Most units have had flooring, kitchen countertops and backsplash updates, some new cabinets, new baths and fresh paint. The roof was just replaced, as well. A huge money saver maintenance-wise, these units have electric heat in the ceilings, so no boilers or furnaces to worry about and there is 1 community washer/dryer that is coin operated, generating roughly $125/month. These apartment buildings are tucked in amongst other buildings like it and there is plenty...read more
Features
- Ceiling Fan(s), Wall Unit(s)
- Electric
- $5,644 / year Taxes
- Public
- Built in 1973
Gallery
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Listed By
Agency Name: Real of Ohio
Agency Contact: juliesellshomes1@gmail.com, 440-829-9268
Shown By
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact
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The photos may be altered, edited, enhanced or virtually staged.
Privacy Policy / DMCA Notice / ADA Accessibility
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