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AUCTION DATE: WEDNESDAY, August 5th, 2026 AT 5:30PM preview starts at 4:30PM. You can preview this property at this OPEN HOUSE Date: 7/15/26 - 5:00-6:00PM. Commercial opportunity in Lorain! Situated on approximately 0.70 acres and consisting of multiple parcels, presents an opportunity for an investor, owner-user, or redevelopment-minded buyer seeking flexibility and future upside.Originally constructed in 1958, the property offers an established commercial footprint with convenient access to surrounding business corridors and area amenities. Seller reserves the right to accept a pre-auction offer prior to auction day. Any inspections desired by a buyer are to be completed prior to auction day at buyer's expense. Contact Todd D. Bosley with any questions. POF are required. All information contained herein was derived from sources believed to be accurate, but not guaranteed. Seller reserves the right to accept an offer prior to deadline time. Property Sold Where Is-As Is.

AUCTION DATE: WEDNESDAY, August 5th, 2026 AT 5:30PM preview starts at 4:30PM. You can preview this property at this OPEN HOUSE Date: 7/15/26 - 5:00-6:00PM. Commercial opportunity in Lorain! Situated on approximately 0.70 acres and consisting of multiple parcels, presents an opportunity for an investor, owner-user, or redevelopment-minded buyer seeking flexibility and future upside.Originally constructed in 1958, the property offers an established commercial footprint with convenient access to surrounding business corridors and area amenities. Seller reserves the right to accept a pre-auction offer prior to auction day. Any inspections desired by a buyer are to be completed prior to auction day at buyer's expense. Contact Todd D. Bosley with any questions. POF are required. All information contained herein was derived from sources believed to be accurate, but not guaranteed. Seller reserves the right to accept an offer prior to deadline time. Property Sold Where Is-As Is.

2430 E 28th Street, Lorain

Could this be your new home or your next investment opportunity? This 2 bed home offers a great porch for relaxing evenings, is close to highways and shopping, and has Days Dam just minutes away !!!

2 Beds ⋅ 1 Baths ⋅ 5219127 MLS

Could this be your new home or your next investment opportunity? This 2 bed home offers a great porch for relaxing evenings, is close to highways and shopping, and has Days Dam just minutes away !!!

3151 Camden Avenue, Lorain

Welcome to this recently updated home in Lorain offering a simple, functional layout and key improvements already taken care of. With 3 bedrooms and 1 full bath, this property provides a solid option for buyers looking for an affordable move-in-ready space. The home has been renovated with updated finishes throughout, giving it a clean and refreshed feel. Major mechanical peace of mind comes with a new water tank, helping reduce immediate maintenance concerns for the next owner. Inside, you’ll find a practical floor plan with comfortable living areas and bedrooms that can easily adapt to your needs, whether that’s everyday living, a home office, or guest space. This property is a great fit for first-time buyers, downsizers, or investors looking for a straightforward opportunity with updates already completed. Conveniently located near local amenities, this home offers a balance of value and functionality without overcomplication.

3 Beds ⋅ 1 Baths ⋅ 5202794 MLS

Welcome to this recently updated home in Lorain offering a simple, functional layout and key improvements already taken care of. With 3 bedrooms and 1 full bath, this property provides a solid option for buyers looking for an affordable move-in-ready space. The home has been renovated with updated finishes throughout, giving it a clean and refreshed feel. Major mechanical peace of mind comes with a new water tank, helping reduce immediate maintenance concerns for the next owner. Inside, you’ll find a practical floor plan with comfortable living areas and bedrooms that can easily adapt to your needs, whether that’s everyday living, a home office, or guest space. This property is a great fit for first-time buyers, downsizers, or investors looking for a straightforward opportunity with updates already completed. Conveniently located near local amenities, this home offers a balance of value and functionality without overcomplication.

2917 Apple Avenue, Lorain

Lorain sits on Lake Erie just 30 miles west of Cleveland, a commuter-accessible market where renters make up 45% of all households, county home values are up nearly 18% year-over-year, and a wave of economic activity including 1,800 new union jobs at Ford's Ohio Assembly Plant is tightening rental demand across the board. Against that backdrop, this fully occupied 10-unit building is a textbook buy-and-hold: all one-bedroom/one-bath units, many updates already complete, low property taxes, and a new silicone roof layer going on prior to closing. At $42,500 per door, the basis is hard to argue with. The rent roll sits at $6,225/month ($74,700 GSI) with current rents ranging $500-$675, meaningfully below a market where the dominant rental price band runs $700-$850. That gap represents $100-$200/unit of achievable upside on renewals with minimal to no upgrades. A coin-operated laundry room and unused storage area add additional income potential on top. The owner covers water, sewer, and gas via the on-site boiler, all reflected in the expense model. At $425K, the deal underwrites to an 8.54% cap rate, 1.40x DSCR, and $871/month net cash flow against a conservative 5% vacancy assumption. As rents roll to market, the 5-year model shows cash-on-cash climbing from 9.46% toward 14.5% with cumulative cash flow exceeding $66,000 over that window. Fully occupied, freshly roofed, clear value-add runway. This is Lorain at its most investable.

Lorain sits on Lake Erie just 30 miles west of Cleveland, a commuter-accessible market where renters make up 45% of all households, county home values are up nearly 18% year-over-year, and a wave of economic activity including 1,800 new union jobs at Ford's Ohio Assembly Plant is tightening rental demand across the board. Against that backdrop, this fully occupied 10-unit building is a textbook buy-and-hold: all one-bedroom/one-bath units, many updates already complete, low property taxes, and a new silicone roof layer going on prior to closing. At $42,500 per door, the basis is hard to argue with. The rent roll sits at $6,225/month ($74,700 GSI) with current rents ranging $500-$675, meaningfully below a market where the dominant rental price band runs $700-$850. That gap represents $100-$200/unit of achievable upside on renewals with minimal to no upgrades. A coin-operated laundry room and unused storage area add additional income potential on top. The owner covers water, sewer, and gas via the on-site boiler, all reflected in the expense model. At $425K, the deal underwrites to an 8.54% cap rate, 1.40x DSCR, and $871/month net cash flow against a conservative 5% vacancy assumption. As rents roll to market, the 5-year model shows cash-on-cash climbing from 9.46% toward 14.5% with cumulative cash flow exceeding $66,000 over that window. Fully occupied, freshly roofed, clear value-add runway. This is Lorain at its most investable.

1888 E 28th Street, Lorain

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