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$123,000
Est. payment /mo
3 Beds
2 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Heman Elys
MLS Listing ID 5205271
Style Colonial
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,945
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Single Family Residence
Property 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.
Location
State OH
County Lorain
Rooms
Basement Other
Main Level Bedrooms 3
Interior
Heating Other
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Other
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-26-066-000-001
Special Listing Condition Standard
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Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
Nearby Locations
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