Vision Sales Team

2514 Reid Avenue

Lorain, OH 44052

MLS#: 5229898

$164,000

Status: Active
Listing number: 5229898
Listing provided by: Russell Real Estate Services
Listing agent phone: None
Last update: a month ago
On site: 3 months ago
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Property

Beds

5

Full Baths

2

1/2 Baths

None

Year Built

1900

Sq.Footage

1,952

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Above Grade Finished Area

    1952.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Private Yard

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.14

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $164,000

  • Tax Amount

    $1,963

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    1,952

  • Price/SqFt

    $84

HOA

  • Association

    No

School District

  • Elementary School

    Lorain CSD - 4709

  • Middle School

    Lorain CSD - 4709

  • High School

    Lorain CSD - 4709

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Lorain

Elementary School

Lorain CSD - 4709

Middle School

Lorain CSD - 4709

High School

Lorain CSD - 4709

Listing Courtesy of Steven Lawson, Russell Real Estate Services

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Agent Tylier Dawley

AGENT

Tylier Dawley

Call Tylier today to schedule a private showing.

(216) 526-4596

Tylier@VisionSalesTeam.com


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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.

2514 Reid Avenue

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