Vision Sales Team

418 W 17th Street

Lorain, OH 44052

MLS#: 5256545

$149,900

Status: Active
Listing number: 5256545
Listing provided by: RE/MAX Infinity
Listing agent phone: None
Last update: an hour ago
New on site 1 day ago
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Chamberlains Add - Residential Income

Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

1900

Sq.Footage

1,290

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.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Above Grade Finished Area

    1290.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Parking

    Paved

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $149,900

  • Tax Amount

    $1,953.1

  • Financing Options

    Cash, Conventional, FHA

  • Sq. Footage

    1,290

  • Price/SqFt

    $116

HOA

  • Association

    No

School District

  • Elementary School

    Lorain CSD - 4709

  • Middle School

    Lorain CSD - 4709

  • High School

    Lorain CSD - 4709

Property Features

  • 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 Aiden Avtgis, RE/MAX Infinity

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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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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.

418 W 17th Street

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