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Natalie Cowley
Realtor, GRI
REALTOR®
(304) 419-2020

2914-2916 Seneca Avenue
Lorain, OH 44055

$199,900

30 Total Photos [Click to View All]

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Listing Details

  • $199,900
  • MLS# 5201930
  • Type Commercial - Business
  • Status Active
  • 0.110 acres
    Lot Size
  • 1931
    Year Built
  • Lorain City
    Local Schools

Home Value Estimate


Description

Exceptional turnkey investment opportunity in Lorain featuring six total rental units, including a 5-unit multifamily building plus a stand-alone efficiency unit, now combined onto one parcel for simplified ownership and management. With four of the six units rent ready and two currently occupied at $725 and $925 per month, this property offers immediate income with strong lease-up potential. The property has seen over $70,000 in recent renovations and improvements, including updates to unit interiors and major building systems. All units are separately metered for gas and electric, with tenants paying their own utilities, helping keep owner...read more

Features

  • Gas
  • 2.0 Stories
  • $4,717 / year Taxes
  • Public
  • Built in 1931

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/19/2026. The listing information on this page last changed on 04/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/19/2026 12:06:15 AM EST) or CBRMLS (last updated Sun 04/19/2026 12:04:48 AM EST) or Beckley MLS (last updated Sat 04/18/2026 3:00:46 PM EST) or Kanawha Valley MLS (last updated Sat 04/18/2026 11:32:13 PM EST) or HTGN MLS (last updated Sat 04/18/2026 11:39:32 PM EST) or Wheeling MLS (last updated Sat 04/18/2026 10:37:02 PM EST) or West Penn MLS (last updated Sat 04/18/2026 11:28:24 PM EST) or NCWV MLS (last updated Fri 04/17/2026 5:43:21 PM EST) or Mercer/Tazewell MLS (last updated Sat 04/18/2026 11:14:15 PM EST) or MLS NOW (last updated Sat 04/18/2026 7:28:04 AM EST) or Greenbrier Valley Board of Realtors (last updated Sat 04/18/2026 11:00:55 PM EST) or Ashland KY MLS (last updated Sat 04/18/2026 10:20:21 PM EST). Real estate listings held by brokerage firms other than Old Colony, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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