Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio.
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimated Payment
$ 1,219.67 per month $1,057.21 Principal & Interest $107.33 Property Tax $55.13 Homeowner's Insurance
1339 Washington Avenue | MLS# 5205310
This multi-family property located at 1339 Washington Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $189,000. Washington Avenue is located within the Lorain City school district. Search Lorain real estate on www.lydiawalls.com today.