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Make an Offer! - 304 W 9th St, Lorain, OH 44052

304 W 9th St, Lorain, OH 44052

$280,000 After Repair Value -
$265,000 Asking Price -
$0 Cost of Repairs =
$15,000 Potential Profit

Property Details

Asking Price $265,000

After Repair Value $280,000

Costs of Repairs $0

Potential Profit $15,000

Living Area 7,405 ft2

Property Type Multi-Family

Bedrooms +7

Bathrooms 3

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Fully occupied 3 unit rental property in Lorain, OH just outside of Cleveland. Duplex plus a separate single family all on one lot, each with 3 bedrooms and 1 bathroom and currently rented for a combined $2,800/month.

Substantial renovations have been completed and this is a great turnkey opportunity for an investor at an 8.25% cap rate. Two other similar properties are also available that could be packaged together for a reduced price.

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