418 W 17th ST Lorain, OH 44052
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,290 sqft
Price per Sqft $116
Subdivision Chamberlains Add
MLS Listing ID 5256545
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,290
Year Built 1900
Annual Tax Amount $1,953
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
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.
Location
State OH
County Lorain
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-003-138-007
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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