1347 Washington Avenue, Lorain, OH 44052

$165,000
4
BD
2
BA
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List Price
$165,000
Status
ACTIVE
Stories
2
MLS#
5205321
Year Built
1900
Price Change
▼ $2,000 1780000026
Bedrooms
4
Bathrooms
2
Region
Lorain
Township
Lorain
Subdivision / Building
Chamberlain
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330-537-6476

Property Description

Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.

330-537-6476
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Additional Information

Taxes
$1,012
Acres
0.09
Sewer
Other
Roof
Other
Water
Other
Heating
Other
Cooling
Other
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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