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330-537-6476
Real Estate Company
418 W 17th Street, Lorain, OH 44052
- $149,900
- 3
- BD
- 2
- BA
- 1,290
- SqFt
- List Price
- $149,900
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5256545
- Year Built
- 1900
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,290
- Region
- Lorain
- Township
- Lorain
- Subdivision / Building
- Chamberlains Add
Property Description
Location matters in a rental, and 418 W 17th puts you in Lorain, where tenant demand stays strong and rental homes tend to fill quickly and hold their tenants. You are close to the everyday conveniences renters want, which helps keep vacancy low and income dependable. This duplex is fully turnkey with two units. The one bedroom is occupied by a Section 8 tenant paying $1,059 per month, giving you steady, government backed income from day one. The two bedroom unit is vacant and rent ready, with market rents around $1,250 per month, so you can place a tenant right away. Together that points to roughly $2,309 per month in gross rental income once both units are filled. With nothing to renovate and one unit already producing, this is a simple way to add cash flow to your portfolio or start building one. Reach out today to schedule a showing or request the rental details.
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Additional Information
- Taxes
- $1,953
- Acres
- 0.07
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Heating
- Forced Air, Gas
- Cooling
- None
- School District
- Lorain CSD - 4709
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Listing Courtesy of: Aiden Avtgis, sellwithaiden@gmail.com With RE/MAX Infinity
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