1404 Long Avenue, Lorain, OH 44052

• 5 beds |
• 5 baths

Property Description

Rare opportunity to own a piece of Lorain history. The well-known Urban 19 Building presents an excellent investment opportunity with strong cash flow and room to grow. This beautifully maintained and updated brick property features four 1-bedroom, 1-bath apartments and one studio apartment, all tastefully updated and fully occupied. Four of the five units include newer heating systems, and residents enjoy wide, spacious hallways that add comfort and charm throughout the building. The property also offers a street-level storefront that is currently vacant, providing great potential for additional rental income or an ideal owner-operated business space. Current residential rents generate $3,450 per month, with upside available by leasing the commercial unit or adjusting rents. Major updates include a newer roof and six newer hot water heaters, ensuring long-term durability and peace of mind. Located near Black River Landing, Lake Erie, and Lorain’s growing downtown waterfront events and recreation, this property is positioned in one of the city’s most vibrant and revitalizing areas. The Urban 19 Building is a rare blend of character, updates, location, and income potential—don’t miss your chance to own a piece of Lorain’s history!

Listing Status:

Active

Listing Office:

Berkshire Hathaway HomeServices Lucien Realty : 440-985-7653

Listing Agent:

Teresa L Kaurich : 440-258-4678

MLS ID:

5175137

Interior

• Basement: Common Basement
• A/C: None
• Heating: BaseboardElectricForced AirGas

Exterior

• Parking: DrivewayOn Street

Construction

• Roofing: See Remarks
• General: Brick2

Location

• Originating MLS: NOWDD_NORM
• School District: Lorain CSD - 4709
• County: Lorain

Lot

• Zoning: STREATOR FRNT 0051.50 DPTH 0064.0002-01-006-130-045

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM

This listing courtesy of Teresa L Kaurich, Berkshire Hathaway HomeServices Lucien Realty