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$ 167,000
Est. payment /mo
New
1347 Washington AVE Lorain, OH 44052
4 Beds
2 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Chamberlain
MLS Listing ID 5205321
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,012
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Duplex
Property Description
Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.
Location
State OH
County Lorain
Rooms
Basement Other
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Parking Features None
Water Access Desc Other
Roof Type Other
Private Pool No
Building
Sewer Other
Water Other
Level or Stories Two
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-006-127-025
Special Listing Condition Standard
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
NEARBY SCHOOL & BUSINESS
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