Duplex Portfolio on Corner
1840 1928 Hancock St Lorain, OH 44052
1840 1928 Hancock St, Lorain, OH, 44052
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For Sale
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Pending
Eleven duplexes totaling 22 units on a corner block, currently 95% occupied with tenant-paid electric and water.
Days on Market102
Property Features for 1840 1928 Hancock St
General Information
- Standard status
- Pending
- Property subtype
- Office
Listing agency
Home Equity Realty Group
(330) 350-0016
Listed by
Roger Nair · License #OH 2011001849
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 5:29PM Checked: Jul 20 at 5:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Equity Realty Group
Investment Insights
Based on property information with market context.
This offering includes 11 duplexes containing 22 total units at 1840–1928 Hancock St, Lorain, OH 44052. The buildings are available to purchase as a complete portfolio or individually by building.
The property sits on a corner block of three streets. Current occupancy is approximately 95% full, and the current rents are described as about 8% below market. The information provided also notes that there has been no rent increase in most units for several years.
Utilities are billed directly to tenants, with electric and water paid by the residents. See MLS#4027471 and MLS#4027474 for additional listing details covering all 11 buildings and 22 units across the three streets.
The property sits on a corner block of three streets. Current occupancy is approximately 95% full, and the current rents are described as about 8% below market. The information provided also notes that there has been no rent increase in most units for several years.
Utilities are billed directly to tenants, with electric and water paid by the residents. See MLS#4027471 and MLS#4027474 for additional listing details covering all 11 buildings and 22 units across the three streets.
Key Highlights
- 11 duplexes totaling 22 units on a corner block across 3 streets
- Currently 95% occupied with existing income‑producing units
- Tenants pay electric and water utilities
Property Analytics
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FAQs
What type of property is this?
Duplex - Eleven duplexes totaling 22 units on a corner block, currently 95% occupied with tenant-paid electric and water.
Where is this duplex located?
The property is located at 1840 1928 Hancock St Lorain, OH.
What are key features of this property?
This property features: 11 duplexes totaling 22 units on a corner block across 3 streets; Currently 95% occupied with existing income‑producing units; Tenants pay electric and water utilities
