Attention investors! Don't miss this exceptional opportunity to own a promising piece of real estate at 946 Washington Ave, Lorain, OH, 44052. This triplex offers a wealth of possibilities for the savvy investor looking to expand their portfolio in the Lorain market. Situated on a generous .17-acre lot, this property boasts a total of 5 bedrooms and 3.5 bathrooms across multiple units. While it does require some work to bring it up to rent-ready condition, the potential for a high return on investment is clear. Each unit is individually metered for electric, simplifying the management process and ensuring that tenants are responsible for their own usage. Located close to the heart of downtown Lorain, this property is ideal for renters seeking convenience and accessibility to local amenities, including shopping, dining, and entertainment options. The location, combined with the property's inherent potential, makes it an attractive prospect for long-term rental income. The triplex's ample space and flexible layout offer numerous opportunities for customization and enhancement. With the right touches, this property can quickly become a sought-after residence for potential tenants, maximizing your income potential. Whether you're looking to renovate and flip or hold and lease, 946 Washington Ave presents a fantastic opportunity to invest in the growing Lorain market. Seize the chance to turn this property's potential into profit. Contact us today to schedule a viewing and start your next investment project!
Under contract
$110,000
946 Washington Ave, Lorain, OH 44052
4beds
2,414sqft
Est.:
Triplex, Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$46/sqft
$-- HOA
What's special
- 104 days
- on Zillow |
- 327 |
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