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$ 164,000
Est. payment | /mo
4 Beds
2 Baths
5,227 Sqft Lot
$ 164,000
Est. payment | /mo
4 Beds
2 Baths
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Waterbury Sub #6/Part/Original
MLS Listing ID 5205320
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,437
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential.
Location
State OH
County Lorain
Rooms
Basement Other
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Other
Roof Type Other
Private Pool No
Building
Sewer Other
Water Other
Level or Stories One and One Half
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-02-026-118-026
Special Listing Condition Standard
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
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