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$720,000 For Sale

1840 Hancock Street
Lorain, OH 44052

22 units |

Commercial: Apartment - MLS# 4027473
Property Photo


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#4027471 & 4027474 includes all 11 buildings, 22 units on 3 streets.


  • County/Area: Lorain County
  • Heating: Baseboard
  • Heating YN: Yes
  • Listing Status: Active
  • Lot Size Units: Acres
  • Main Type: Commercial Sale
  • Postal City: Lorain
  • Property Type: Commercial
  • Sub Type: Apartment
  • Subdivision: Highview Park Sub
  • Subdivision/Neighborhood: Highview Park Sub
  • Tenant Pays: Electricity, Water
  • Year Built: 1979
  • Year Built Details: Actual Ybt
  • Zip Code: 44052

Courtesy of:

  • More info
  • Roger Nair
  • More info
Northeast Ohio Team
Keller Williams Tri-County Properties
2425 Medina Road
Medina,  OH;  44256
Phone:  330-350-0016

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