332 4Th St Elyria, OH 44035
- Apartment buildings
- 5,060 SF
- 0.38 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 332 4Th St
- Year built
- 1965
- Lot size
- 0.38 lot acres
- Property size
- 5,060 SF
- Property type
- Apartment buildings
- APN
- 06-26-046-000-024
- APU
- 626046000024
Description
This exceptional 16-unit apartment building presents a compelling investment opportunity in the thriving city of Elyria, Ohio. Situated on a sizable 0.38-acre lot at 332 4th Street, this property offers significant potential for income generation and value appreciation. The solid construction provides a strong foundation for long-term ownership, while the desirable location ensures consistent high rental demand. The building's current configuration provides a solid base for immediate income, but also presents a unique opportunity for modernization and optimization. Potential improvements could include unit renovations, amenity upgrades, or enhanced management strategies, all of which could lead to substantial increases in profitability. This property is an ideal addition to any investor's portfolio, offering a blend of stability and growth potential. The asking price is $650,000. The square footage is not currently available. This is a rare chance to acquire a well-located multifamily property in a strong rental market. Don't miss this chance to expand your real estate holdings with a property that promises both immediate returns and long-term growth. Serious inquiries only.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $300,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1088
- Latitude
- 41.3639
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
