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860 Colorado Ave
Lorain, OH 44052
Multifamily Property For Sale · 12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.57 AC |
| Property Type | Multifamily | Building Size | 8,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 2.44/1,000 SF |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 8,200 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 2.44/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
About 860 Colorado Ave , Lorain, OH 44052
12 units apartment building for sale, 8 x 2BR rent $570-600 and 4 x 1BR rent $490. Central heat, parking available, 11 units occupied. The roof is made of rubber material, serviced every year. One section 8 tenant. All units are kept up to date with fresh carpet and paint, ceramic tile flooring in entry way, kitchen and bath have good appliances, air conditioning units through the wall. Laundry room in the building with a coin operated washer and dryer that belong to the owner.The concrete parking lot is in very good condition as is the roof.The water & sewer was high because of various leaks that have been fixed and some of the toilet tanks replaced.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $490.00 | - |
| 2+1 | 8 | $575.00 | - |
PROPERTY TAXES
| Parcel Number | 02-00-051-139-027 | Improvements Assessment | $117,041 |
| Land Assessment | $50,261 | Total Assessment | $167,301 |
PROPERTY TAXES
zoning
| Zoning Code | N/Av, Lorain |
| N/Av, Lorain |
