1350 E Erie AVE new Save Request In-Person Tour Request Virtual Tour
Lorain,OH 44052
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,988 sqft
Price per Sqft $50
Subdivision Sheffield
MLS Listing ID 5172875
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,988
Year Built 1940
Annual Tax Amount $1,720
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
Build your portfolio with this cash-flowing investment opportunity! This fully occupied duplex in Lorain has 4 bedrooms and 2 baths, with 2 bed and 1 bath for each unit. Both units are tenant occupied. Unit 1348 rents for $790 and has a lease through 03/31/2026. Unit 1350 rents for $925 with a lease through 04/30/2026, with tenants paying gas and electric. The spacious property features a large lot for off-street parking, separate entrances for each unit, as well a separate front porches, a upper balcony for each unit and a large shared rear deck. Each unit has its own basement with laundry hookups, some hardwood floors throughout and large living and dining rooms for each unit. The property is near multiple schools and parks, as well as close to food and community amenities. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Don't miss out of this solid, cash-flowing investment property! Reach out today for more info!
Location
State OH
County Lorain
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry In Basement,Multiple Locations
Exterior
Parking Features Off Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-00-051-105-008
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional