1101 W 5th Street, Lorain, OH 44052

$159,900
4
BD
2
BA
2,066
SqFt

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List Price
$159,900
Status
ACTIVE
Stories
2
MLS#
5249688
Year Built
1950
Bedrooms
4
Bathrooms
2
Living Area
2,066
Region
Lorain
Township
Lorain
Subdivision / Building
Downtown Lorain

Property Description

Great investment opportunity in Lorain! This turnkey side-by-side 2-story duplex offers over 2,000 square feet of living space, with each unit featuring 2 bedrooms and 1 full bath. Each side has its own separate gas and electric meter, furnace, water heater, basement, and private driveway for parking, while the owner pays the water and trash. Situated on a nice-sized corner lot, this property offers a low-maintenance setup that makes it easy to keep existing tenants or begin building your investment portfolio. Located within walking distance of Lakeview Park, Lakeview Beach, and Admiral King Elementary, the location adds even more appeal for tenants. Whether you're an experienced investor or a buyer looking to live in one unit while generating rental income from the other, this property offers plenty of opportunity and flexibility!

Additional Information

Taxes
$1,440
Acres
0.13
Sewer
Public Sewer
View
City
Exterior Features
None
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
Ceiling Fan(s), Window Unit(s)
School District
Lorain CSD - 4709

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of: Steven Lawson, stevelawson@superstevesells.com With Russell Real Estate Services

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