1022 W Erie Avenue, Lorain, OH 44052

$198,000
4,716
SqFt
List Price
$198,000
Status
ACTIVE
Stories
2
MLS#
YES-MLS-4174588
Year Built
1900
Living Area
4,716
Region
Lorain
Subdivision / Building
Charleston

Property Description

Great turnkey investment opportunity! Group of properties on two parcels including two duplexes plus a studio apartment with attached storage and garage. Fully occupied at $2560/mo. All tenants are on leases and pay all utilities. Recent updates include remodeled kitchens and bathrooms, new carpet, fresh paint, plumbing updates, new flat roof on front porch. Five minute walk to downtown Lorain. Water is in landlord's name and billed back to the tenants. Collected with the next month's rent. Owner financing possible at 40% down, 6.5% interest OR 20% down, 7% interest.

Additional Information

Taxes
$2,516
Acres
0.29
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
Window Unit(s)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty Express.

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