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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...read more
Features
- Other
- Other
- 2.0 Stories
- $1,012 / year Taxes
- Other
- Built in 1900
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact
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Listing data compilation and photo(s) © 2026 - Multiple Listing Service, Inc. – All Rights Reserved
The photos may be altered, edited, enhanced or virtually staged.
Privacy Policy / DMCA Notice / ADA Accessibility
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