Log In/Sign Up
Your email has been sent.
1548 Reid Ave 8 Unit Apartment Building For Sale Lorain, OH 44052
Investment Highlights
- Historic Architectural Details
- Up to 8 Units depending on 1 bedroom/1 bath or 2 bedrooms 1 bath
- Large Parcking lot for up to 100 vehicles
Executive Summary
Prime Investment Opportunity to convert this Historic Landmark Romanesque Church into up to 8 rental or condo units just one block away from the Business District of Lorain and minutes to the Lakefront and Marina. Possible Historic Tax Credits, tax abatements and low interest loan for Improvements available. Renovation has begun. Owner will assist in submitting final plans and acquiring the Historic Tax Credits, Tax abatements, Grant money and low interest Ohio 1 PACE improvement loan,. Large paved parking lot for up to 100 vehicles. Bring you own Contractor. Call John Chandler for Details at 440-539-3330.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+1 | 8 | - | 868 - 1,660 |
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $47,072 | |
| Land Assessment | $9,206 | Total Assessment | $56,278 |
Property Taxes
Parcel Numbers
Land Assessment
$9,206
Improvements Assessment
$47,072
Total Assessment
$56,278
1 of 30
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1548 Reid Ave