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1548 Reid Ave
Lorain, OH 44052
 Multifamily Property For Sale · 9 Units

Apartment Buildings Ohio Lorain 1548 Reid Ave, Lorain, OH 44052

Investment Highlights

  • Centrally Located near the Lorain Business District off Broadway
  • Several low interest loans available for finishing the rehab, Historic State and Federal Tax Credits and tax abatement available
  • Lower level offers area for work out room and storage lockers and garden style efficiency apartments
  • Historic Building with masonry construction
  • Large Parking are for up to 100 vehicles that could be fenced in storage as well

Property Facts

No. Units 9 Construction Status Under Renovation
Property Type Multifamily Building Size 14,934 SF
Property Subtype
Apartment
  • Office Office Residential
 No. Stories 2
Apartment Style Low-Rise Year Built/Renovated 1895/2024
Building Class C Cross Streets Between 15th and 16th Street
Lot Size 0.67 AC
Zoning R-3 - High Density Residential
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.67 AC
Construction Status Under Renovation
Building Size 14,934 SF
No. Stories 2
Year Built/Renovated 1895/2024
Cross Streets Between 15th and 16th Street
Zoning R-3 - High Density Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 9 - 868 - 1,660

Links

Property Taxes

Parcel Numbers
Multiple
  • 02-01-003-139-011
  • 02-01-003-139-022
  • 02-01-003-139-040
  • 02-01-003-139-010
  • 02-01-003-139-023
 Improvements Assessment $47,072
Land Assessment $9,206 Total Assessment $56,278

Property Taxes

Parcel Numbers
Multiple
  • 02-01-003-139-011
  • 02-01-003-139-022
  • 02-01-003-139-040
  • 02-01-003-139-010
  • 02-01-003-139-023
Land Assessment
$9,206
Improvements Assessment
$47,072
Total Assessment
$56,278
 

  • Listing ID: 32792354

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 1548 Reid Ave, Lorain, OH 44052

More public record information on 1548 Reid Ave, Lorain, OH 44052

The Multifamily Property at 1548 Reid Ave, Lorain, OH 44052 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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