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$880,000 For Sale

1533 Fillmore Ave
Lorain, OH 44052

22 units |

Commercial: Apartment - MLS# 4027471
Property Photo
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Description

Great investment opportunity. This is for 11 duplexes, 22 total units on the corner block of 3 streets. Buildings can be purchased as one or can be purchased per building. Rent is currently about 8% below market value. There was no rent increase in most units for several years now. There is good upside potential for income increase by filling vacancies and raising the rent. Currently 95% full. All tenants pay for utilities: electric and water bills. Also see MLS#4027473 & 4027474 includes all 11 buildings, 22 units on 3 streets.

Features

  • Annual Taxes: 3866
  • Apartments Type: Apartments Only
  • Association: Northern Ohio Regional Mls
  • County/Area: Lorain County
  • Heating Type: Baseboard
  • Listing Status: Active
  • Lot Size Units: Acres
  • Num Of Apartments Total: 22
  • Property Type: Commercial
  • Sub Type: Apartment
  • Subdivision: Highview Park Sub
  • Subdivision/Neighborhood: Highview Park Sub
  • Tenant Pays: Electric, Water
  • Township: Lorain City Twp
  • Units: 22
  • Year Built: 1979
  • Zip Code: 44052

Courtesy of:

  • More info
  • Roger Nair
    330-350-0016
    rnairair@aol.com
  • More info
Northeast Ohio Team
Keller Williams Tri-County Properties
2425 Medina Road
Medina,  OH;  44256
Phone:  330-350-0016
Email: callmarktaylor@aol.com

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