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$158,750
1347 Washington Avenue, Lorain, OH 44052
4
Bedrooms
2
Bathrooms
—
Living area
0.09 acres
Lot size
0
Garage
2
Stories
Established rental property with ongoing income at 1347 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. Both units are currently occupied, with one renting for $1,199 on a month-to-month lease and the second generating $1,100 with a lease in place through 5/31/26, providing immediate cash flow. Utilities are structured with tenants responsible for electric and gas, while the owner covers water, sewer, and trash. The property features a functional layout with consistent rental demand in the area, supporting strong occupancy. A solid addition to a larger portfolio, this asset contributes reliable income within a diversified, income-producing package.
Heating
Cooling
Parking
Basement
Construction
1347 Washington Avenue, Lorain, OH 44052
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Estimated monthly payment
$995
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.