2550 Elyria AVE new

Lorain,OH 44055

$ 515000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision South Broadway

MLS Listing ID 5122876

Year Built 1890

Annual Tax Amount $2,583

Tax Year 2024

Lot Size 6,534 Sqft

Property Sub-Type Apartment

Property Description

Absolute dynamite! Apartments 2, 5, and 6 were taken down to the frame and rebuilt. Work on these units was just completed with new white cabinetry, quartz tops, LVP flooring, windows upgraded, along with electrical. Almost all units now have hard surface tops. Five of eight units at this time are occupied. Common area laundry. Roof in 2025 w/ Puma XL System. Just over $7400 in income this property is expected to generate. You cannot go wrong at this price. All units in the building have gone through moderate to major upgrades and improvements. Do not wait on this opportunity.

Location

State OH

County Lorain

Interior

Heating Baseboard,Forced Air

Laundry Coin-operated

Exterior

Parking Features Parking Lot

Fence Chain Link

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Lorain Csd - 4709

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