2514 Reid AVE, Lorain, OH 44052
2514 Reid AVE, Lorain, OH 44052
2514 Reid AVE, Lorain, OH 44052
2514 Reid AVE, Lorain, OH 44052
2514 Reid AVE, Lorain, OH 44052
2514 Reid AVE, Lorain, OH 44052
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Mike Ferrante

Mike Ferrante

+1(216) 373-7727
$ 169,000
Est. payment | /mo

5 Beds

2 Baths

1,952 SqFt

Save
$ 169,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,952 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,952 sqft

Price per Sqft $86

MLS Listing ID 5229898

Bedrooms 5

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,952

Year Built 1900

Annual Tax Amount $1,963

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Property Description

ATTENTION INVESTORS AND ENTREPRENEURS!!! Located in the heart of Lorain, this spacious duplex at 2514 Reid Ave. offers an excellent investment opportunity with nearly 2,000 square feet of living space and reliable rental income! Both units are currently occupied, generating just under $2,000 per month in gross income. The lower unit features 3 bedrooms, 1 full bath, a spacious living room, dining room, and full kitchen, while the upper unit offers 2 bedrooms, 1 full bath, a living room, dining room, and full kitchen. A full, dry basement provides two separate laundry areas along with abundant storage space for tenants. Additional investor-friendly features include separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, you'll find a fenced backyard, adding even more appeal for tenants. Whether you're looking to expand your rental portfolio or make your first investment purchase, this income-producing property is one you won't want to miss. Call today for more information! *Showings allowed after accepted offer. Please do not disturb the tenants.

Location

State OH

County Lorain

Community Other

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling Ceiling Fan(s)

Fireplace No

Laundry In Basement

Exterior

Exterior Feature Private Yard

Parking Features Driveway

Fence Chain Link

Pool None

Community Features Other

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Lot Description Flat, Level

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-003-187-018

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Steven Lawson • Russell Real Estate Services • stevelawson@superstevesells.com, 440-320-9888

Schools and Properties Nearby

Mike Ferrante
Mike Ferrante

Broker Associate

+1(216) 373-7727 | mike@21mike.com

Learn More About LPT Realty

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2514 Reid AVE