1339 Washington Avenue, Lorain, OH 44052

$165,000
6
BD
2
BA

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List Price
$165,000
Status
ACTIVE
Stories
2
MLS#
5205310
Year Built
1900
Price Change
▼ $24,000 1780000026
Bedrooms
6
Bathrooms
2
Region
Lorain
Township
Lorain
Subdivision / Building
Chamberlain

Property Description

Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Additional Information

Taxes
$1,288
Acres
0.09
Sewer
Other
Roof
Other
Water
Other
Heating
Other
Cooling
None
School District
Lorain CSD - 4709

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Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

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