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Donna Trunko
(440) 331-8500
Mobile Phone:
(440) 567-9024
donna@donnatrunko.com
OH Lic # 0000303783
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Donna Trunko
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(440) 331-8500
Mobile Phone:
(440) 567-9024
donna@
donnatrunko.com
OH Lic # 0000303783
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(440) 331-8500
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Join Us
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FOR SALE
$275,000
Calculate Payment

2851 Oakwood Avenue
Lorain, OH 44055

Apartment, Business Opportunities
Residence
0.11
Lot Size
Courtesy: Russell Real Estate Services, tal@premierclevelandinvesting.com 216-870-8687

Description for 2851 Oakwood Avenue Lorain, OH 44055

Massive Lorain cash flow opportunity! 6 units offered at an extremely competitive price makes this a serious opportunity for any investor looking for cashflow! Rent roll available upon request. Property will be mostly vacant at closing, allowing a new owner to renovate and place tenants at top dollar market rents, or fetch premium rents through Lorain's section 8 program. Section 8 rents in the area are BOOMING and a new owner can easily get this property grossing $4,800+ per month! Tenants have baseboard heat and are responsible for their electricity cost, while the owner pays for water, sewer and gas for the hot water tanks. The property has had most windows replaced with vinyl, and some new mechanicals installed in the last year. The property is located right near E 28th street with all the businesses and easy access to the city, and tons of street parking!

Property Details

5030174
Apartment, Business Opportunities, Other
Lorain
0.11 Acres
Public
Public Sewer
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Courtesy: Russell Real Estate Services, tal@premierclevelandinvesting.com 216-870-8687
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 NEOHREX. All rights reserved.
This content last refreshed on 4/29/2024 1:34 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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Donna Trunko

18630 Detroit Ave., Lakewood, OH 44107 | Phone: (440) 567-9024 | Email: donna@donnatrunko.com

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