Description
Turnkey income-producing asset at 102 Water St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This income-producing property is tenant-occupied on a month-to-month lease at $1,600 per month, providing immediate cash flow, with the tenant responsible for all utilities to help maximize net returns. The property features a functional layout with strong rental appeal and has been maintained to support consistent occupancy. Located near key amenities, employment centers, and major thoroughfares, it benefits from steady tenant demand. Ideal for investors seeking to scale their holdings with a performing asset, this property contributes to a larger, stabilized portfolio with built-in income and operational efficiency. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Details
| MLS # | 5205271 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 161 |
| Listing Provided By | Russell Real Estate Services | Tal Tamir |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.09 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Tax Annual Amount | 2945 |
|---|
Area Information
| State | OH |
|---|---|
| County | Lorain |
| City | Elyria |
| Zip Code | 44035 |
| Community Name | Heman Elys |
| Listing VS Median (in Heman Elys) | |
Price: $111,750 low | high Med: $99,995 On site: 161 low | high Med: 20 | |
Market Activity 44035
Request a showing
Request a showing
Contact
Learn More About This Property
| State | OH |
|---|---|
| County | Lorain |
| City | Elyria |
| Zip Code | 44035 |
| Community Name | Heman Elys |
| Listing VS Median (in Heman Elys) | |
Price: $111,750 low | high Med: $99,995 On site: 161 low | high Med: 20 | |