1350 E Erie Avenue, Lorain, OH 44052

Property Description

No wholesalers. No Seller financing. No low ball offers. Build your portfolio with this cash-flowing investment opportunity! This fully occupied duplex in Lorain has 4 bedrooms and 2 baths, with 2 bed and 1 bath for each unit. Both units are tenant occupied. Unit 1348 rents for $790 and has a lease through 03/31/2026. Unit 1350 rents for $925 with a lease through 04/30/2026, with tenants paying gas and electric. The spacious property features a large lot for off-street parking, separate entrances for each unit, as well a separate front porches, a upper balcony for each unit and a large shared rear deck. Each unit has its own basement with laundry hookups, some hardwood floors throughout and large living and dining rooms for each unit. The property is near multiple schools and parks, as well as close to food and community amenities. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Don't miss out of this solid, cash-flowing investment property! Reach out today for more info!