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818-824 S Central Dr, Lorain, OH, 44052

9beds
4baths
3,624sqft
$275,000
$76price/sqft
$2,302/moest. monthly cost
$92,080/yrincome needed

About This Home

Excellent investment opportunity featuring a fully occupied four-unit property in Lorain. This quadplex offers four separate units, providing diversified rental income and strong appeal for investors seeking to add an income-producing asset to their portfolio. The property is fully occupied, allowing a new owner to take over an established rental operation from day one. Conveniently located near shopping, dining, schools, parks, and major roadways, this property offers easy access throughout Lorain and surrounding communities.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

5/10
3/10
Lorain High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1943

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area above ground: 3,624

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 3,624
  • Total interior livable area: 3,624 sqft

Property

Details

  • Parcel number: 0201006160016
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.33 Acres

Parking

  • Parking features: Driveway,On Street