124 Washington Avenue, Lorain, OH 44052
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:adin homoelle
Office:re/max infinity
MLS#:5147398
Source:OH_NORMLS
Price summary
- Price:$105,000
- Price per sq. ft.:$56.51
About this home
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.
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Home facts
- Year built:1900
- Listing Id #:5147398
- Added:4 day(s) ago
- Updated:August 16, 2025 at 02:12 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,858 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:1,858 sq. ft.
- Lot area:0.22 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$105,000
- Price per sq. ft.:$56.51
- Tax amount:$1,405 (2024)
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