Alyssa Wallace
REALTOR®
BEDS3
BATHS2 full
SQUARE FEET1,290
MLS#5256545
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONChamberlains Add
SCHOOLLorain City
Property Description
Location matters in a rental, and 418 W 17th puts you in Lorain, where tenant demand stays strong and rental homes tend to fill quickly and hold their tenants. You are close to the everyday conveniences renters want, which helps keep vacancy low and income dependable. This duplex is fully turnkey with two units. The one bedroom is occupied by a Section 8 tenant paying $1,059 per month, giving you steady, government backed income from day one. The two bedroom unit is vacant and rent ready, with market rents around $1,250 per month, so you can place a tenant right away. Together that points to roughly $2,309 per month in gross rental income once both units are filled. With nothing to renovate and one unit already producing, this is a simple way to add cash flow to your portfolio or start building one. Reach out today to schedule a showing or request the rental details.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.07 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,953 / year
Year Built: 1900
Feature Descriptions
Exterior: Wood Siding
Laundry: Common Area
Parcel#: 02-01-003-138-007
Parking: Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Listed By / Shown By
Listed By
Agency Name: RE/MAX Infinity
Agency Contact: sellwithaiden@gmail.com, 330-415-7054
Shown By
Agent Name: Alyssa Wallace
Agent Phone: (330) 880-3882
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 868.67 per month $662.20 Principal & Interest $162.75 Property Tax $43.72 Homeowner's InsuranceChange Payment Information
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418 W 17th Street | MLS# 5256545
This multi-family property located at 418 W 17th Street , Lorain, OH 44052 is currently listed for sale with an asking price of $149,900. W 17th Street is located within the Lorain City school district. Search Lorain real estate on abrady.dehoff.com today.