102 Water Street, Elyria, OH 44035

$118,000
3
BD
2
BA

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List Price
$118,000
Status
ACTIVE
Days on Market
95
Price Change
▼ $5,000 1781307386
MLS#
5205271
Subtype
Residential
Style
Colonial
Year Built
1900
Bedrooms
3
Bathrooms
2
Full Baths
2
Acres
0.09
Subdivision
Heman Elys
Neighborhood
Heman Elys
MLS Area Major
Elyria

Property Description

Turnkey income-producing asset at 102 Water St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This income-producing property is tenant-occupied on a month-to-month lease at $1,600 per month, providing immediate cash flow, with the tenant responsible for all utilities to help maximize net returns. The property features a functional layout with strong rental appeal and has been maintained to support consistent occupancy. Located near key amenities, employment centers, and major thoroughfares, it benefits from steady tenant demand. Ideal for investors seeking to scale their holdings with a performing asset, this property contributes to a larger, stabilized portfolio with built-in income and operational efficiency. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Additional Information

Taxes
$2,945
Property Description
Colonial
Heating
Other
Air Conditioning
None
Stories
2
Levels
Two
Roof
Other
Parking Features
Detached, Garage
Garage Spaces
1
School District
Elyria CSD - 4706

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

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