Ashwood Acres Sub #1 Real Estate

Welcome to Ashwood Acres Subdivision #1, a hidden gem nestled in the vibrant city of Lorain, Ohio. This charming community offers a blend of suburban tranquility and urban convenience, making it an ideal choice for families, young professionals, and retirees alike.

Ashwood Acres is known for its beautifully landscaped properties and friendly atmosphere. The subdivision features a variety of homes, each exuding unique character and charm, from cozy single-family residences to spacious two-story designs. Residents take pride in their homes and yards, creating a warm and inviting environment that fosters a strong sense of community.

One of the standout features of Ashwood Acres is its prime location. Situated just minutes from the heart of Lorain, residents enjoy easy access to a plethora of shopping, dining, and entertainment options. Whether you’re indulging in a delightful meal at a local restaurant or exploring the scenic shores of Lake Erie, there’s always something exciting to discover nearby.

For families, Ashwood Acres is conveniently located near top-rated schools and parks, providing ample opportunities for outdoor activities and community events. The nearby parks offer playgrounds, walking trails, and picnic areas, perfect for weekend getaways with loved ones.

In Ashwood Acres Subdivision #1, you’ll find not just a home, but a lifestyle. Experience the perfect balance of comfort, community, and convenience in this delightful Lorain neighborhood. Come and see for yourself why so many are proud to call Ashwood Acres home!

Newest Listings in Ashwood Acres Sub #1

$675,000

5204706 MLS

This newly renovated 8 suite apartment building is fully occupied with an excellent rent roll, all at or near $850/month. Each unit is a 1 bed, 1 bath and all are quite spacious! Most units have had flooring, kitchen countertops and backsplash updates, some new cabinets, new baths and fresh paint. The roof was just replaced, as well. A huge money saver maintenance-wise, these units have electric heat in the ceilings, so no boilers or furnaces to worry about and there is 1 community washer/dryer that is coin operated, generating roughly $125/month. These apartment buildings are tucked in amongst other buildings like it and there is plenty of parking for tenants in the rear of the building. This building is a dream for a landlord and at a 8.5% cap rate, a great income earner.

1505 Herbert Drive, Lorain

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