124 Washington Avenue

Property Description

Duplex-Style Income Property Near Lake Erie! Just one house down from the water, this single-family 3-bedroom, 1-bath home brings in $1,000/month in rent, while an attached 1-bedroom, 1-bath apartment adds an additional $450/month. With both units currently occupied, the property generates a total of $1,450/month in steady rental income, tenants paying all utilities! Located in a desirable Lorain neighborhood near the lake, this property offers strong cash flow and long-term tenant appeal. A great opportunity for investors seeking a multi-unit setup with proven rental history.

Overview

Property Status

For Sale

Lot Size

9,583.2 Sq.Ft.

MLS ID

5147398

Property Type

Residential

Year Built

1900

Are you interested?

Schedule a Tour

Adin Homoelle

(440) 387-8675 [email protected]

Features & Amenities

Architecture Styles

Colonial

Stories

Water Source

Public

Roof

Asphalt

Parking

Unpaved

Heat Type

Forced Air, Gas

Air Conditioning

Ceiling Fan(s), Wall/Window Unit(s)

Sewer

Public Sewer

School District

Lorain CSD - 4709

Sales Price

$105,000

Real Estate Tax

$1,405/yr

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