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Lorain
44052
44052
W83° 49' 29.7''
N41° 27' 20.7''
Contact Info
Teresa Kaurich
3012196
Property Description

Rare opportunity to own a piece of Lorain history. The well-known Urban 19 Building presents an excellent investment opportunity with strong cash flow and room to grow. This beautifully maintained and updated brick property features four 1-bedroom, 1-bath apartments and one studio apartment, all tastefully updated and fully occupied. Four of the five units include newer heating systems, and residents enjoy wide, spacious hallways that add comfort and charm throughout the building. The property also offers a street-level storefront that is currently vacant, providing great potential for additional rental income or an ideal owner-operated business space. Current residential rents generate 3,450 per month, with upside available by leasing the commercial unit or adjusting rents. Major updates include a newer roof and six newer hot water heaters, ensuring long-term durability and peace of mind. Located near Black River Landing, Lake Erie, and Lorains growing downtown waterfront events and recreation, this property is positioned in one of the citys most vibrant and revitalizing areas. The Urban 19 Building is a rare blend of character, updates, location, and income potential – dont miss your chance to own a piece of Lorains history!

1404 Long Avenue

Lorain, Ohio 44052, United States

  • Bedrooms : 5
  • Bathrooms : 5
  • Square Footage: 3,049.20 Sqft
$399,000
Listing ID#250475
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Basic Details
Property Type : Residential
Listing Type : Active
Listing ID : 250475
Ref ID : 423510056
Price : $399,000
Bedrooms : 5
Bathrooms : 5
Square Footage : 3,049.20 Sqft
Lot Area : 0.07 Sqft
MLS : 5175137
Office ID : OH302-004
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Agent info
Teresa Kaurich
Lucien Realty
Lucien Realty
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