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Lorain,OH 44052
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,858 sqft
Price per Sqft $56
Subdivision Charleston 01
MLS Listing ID 5147398
Style Colonial
Bedrooms 4
Full Baths 2
Year Built 1900
Annual Tax Amount $1,405
Tax Year 2024
Lot Size 9,583 Sqft
Property Sub-Type Single Family Residence
Property Description
Duplex-Style Income Property Near Lake Erie! Just one house down from the water, this single-family 3-bedroom, 1-bath home brings in $1,000/month in rent, while an attached 1-bedroom, 1-bath apartment adds an additional $450/month. With both units currently occupied, the property generates a total of $1,450/month in steady rental income, tenants paying all utilities! Located in a desirable Lorain neighborhood near the lake, this property offers strong cash flow and long-term tenant appeal. A great opportunity for investors seeking a multi-unit setup with proven rental history.
Location
State OH
County Lorain
Interior
Heating Forced Air,Gas
Cooling Ceiling Fan(s),Wall/Window Unit(s)
Fireplaces Number 1
Exterior
Parking Features Unpaved
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Schools
School District Lorain Csd - 4709
Others
Special Listing Condition Standard