Welcome to this beautiful well-maintained duplex in the heart of the city, The Ohio City Neighborhood located at 5236 Lorain Ave. The spacious with high ceilings multi-family property offers almost 3,000 sq feet of living space making it an excellent opportunity for investors or owner-occupants. The basement great for storage is 1425 sq feet. The upper unit features 3 generously sized bedrooms and 2 full bathrooms offering ample space and comfort. The lower unit includes 2 bedrooms and full bathroom providing a functional and inviting layout. Both units offer bright living areas, well-proportioned rooms and plenty of natural light throughout with stunning hardwood floors. Additional highlights include a full basement, ideal for storage or potential additional use and has plenty of off-street parking in back great. Prime location for parking. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property is a must -see. This property brings in $30,000 a year and operates for less than $10,000. It is fully occupied and requires at least 48 hours notice for showing.
Listed By
Agency Name: Progressive Urban Real Estate Co
Agency Contact: danbcull@gmail.com, 216-218-4716
Shown By
Agent Name: Larry Greenwood
Agent Phone: (740) 391-9702
Agency Title: Sulek & Experts Real Estate
Estimated Payment
$ 966.70 per month $509.65 Principal & Interest $390.25 Property Tax $66.79 Homeowner's Insurance
5236 Lorain Avenue | MLS# 5203415
This multi-family property located at 5236 Lorain Avenue , Cleveland, OH 44102 is currently listed for sale with an asking price of $229,000. Lorain Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on lgreenwood.sulekandexperts.com today.