Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: joe@vaccaroteam.com, 216-503-7007
Shown By
Agent Name: Mary Yoder
Agent Phone: (330) 606-8036
Agency Title: Cutler Real Estate
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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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 60
Heating: Baseboard, Electric, Gas
Lot Size: 0.07 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $1,873 / year
Year Built: 1919
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Exterior: Brick
Laundry: In Basement
Parcel#: 02-01-006-130-045
Parking: On Street
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
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Estimated Payment
$ 1,919.98 per month $1,669.11 Principal & Interest $156.08 Property Tax $94.79 Homeowner's InsuranceChange Payment Information
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1404 Long Avenue | MLS# 5191201
This multi-family property located at 1404 Long Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $325,000. Long Avenue is located within the Lorain City school district. Search Lorain real estate on myoder.cutlerhomes.com today.