407 W 22nd ST, Lorain, OH 44052
407 W 22nd ST, Lorain, OH 44052
407 W 22nd ST, Lorain, OH 44052
9
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$160,000
Est. payment /mo
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4 Beds
2 Baths
7,405 Sqft Lot
New

407 W 22nd ST Lorain, OH 44052

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Lyndsay Maynard

Lyndsay Maynard

+1(740) 359-1913

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Gilbert Hogans 03

MLS Listing ID 5205297

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,404

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential.

Location

State OH

County Lorain

Rooms

Basement Other

Interior

Heating Other

Cooling Other

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Other

Roof Type Other

Private Pool No

Building

Sewer Other

Water Other

Level or Stories Two

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-003-171-014

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

NEARBY SCHOOL & BUSINESS

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Lyndsay Maynard

Lyndsay Maynard

Broker Associate, Owner, Agent | OH & WV | License ID: SAL.2019000181, WVS200301118

+1(740) 359-1913

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