1036 Oberlin Avenue, Lorain, OH 44052
- $135,000
- 4
- BD
- 2
- BA
- List Price
- $135,000
- Status
- ACTIVE
- MLS#
- 5205320
- Year Built
- 1920
- Price Change
- ▼ $29,000 1780000026
- Bedrooms
- 4
- Bathrooms
- 2
- Region
- Lorain
- Township
- Lorain
- Subdivision / Building
- Waterbury Sub #6/Part/Original
Property Description
Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
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Additional Information
- Taxes
- $1,437
- Acres
- 0.12
- Sewer
- Other
- Roof
- Other
- Water
- Other
- Garage Spaces
- 1
- Heating
- Other
- Cooling
- Other
- School District
- Lorain CSD - 4709
Mortgage Calculator
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
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