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2833 Seneca Ave
Lorain, OH 44055

$699,000 USD

Apartments For Sale  •  10,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,000 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1900
30 Walk Score

Highlights

Strong In-Place Cash Flow—15 fully rented studio units generating approximately $10,500/month in gross rental income with operational upside potentia
Well-Maintained Multifamily Asset — Solid 3-story building in good condition with stable tenancy and limited immediate capital improvement needs.
Affordable Workforce Housing Demand — Efficient studio layout and attainable rental rates position the property well within the growing Lorain rental

Public Transportation

Commuter RailDriveWalkDistance
Elyria Amtrak (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak) 11 min - 7.1 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 31 min - 21.3 mi
Nikhil Vishakanta 732-757-6393 We Invest
Nikhil Vishakanta 732-757-6393 We Invest