2514 Reid Avenue, Lorain, OH 44052
- $169,000
- 5
- BD
- 2
- BA
- 1,952
- SqFt
- List Price
- $169,000
- Status
- ACTIVE
- Days on Market
- 7
- MLS#
- 5229898
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 5
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,952
- Acres
- 0.14
- MLS Area Major
- Lorain
Property Description
ATTENTION INVESTORS AND ENTREPRENEURS!!! Located in the heart of Lorain, this spacious duplex at 2514 Reid Ave. offers an excellent investment opportunity with nearly 2,000 square feet of living space and reliable rental income! Both units are currently occupied, generating just under $2,000 per month in gross income. The lower unit features 3 bedrooms, 1 full bath, a spacious living room, dining room, and full kitchen, while the upper unit offers 2 bedrooms, 1 full bath, a living room, dining room, and full kitchen. A full, dry basement provides two separate laundry areas along with abundant storage space for tenants. Additional investor-friendly features include separate gas and electric meters, with the owner currently paying water, sewer, and trash. Outside, you'll find a fenced backyard, adding even more appeal for tenants. Whether you're looking to expand your rental portfolio or make your first investment purchase, this income-producing property is one you won't want to miss. Call today for more information! *Showings allowed after accepted offer. Please do not disturb the tenants.
Additional Information
- Exterior Features
- Private Yard
- Taxes
- $1,963
- Heating
- Forced Air, Gas
- Air Conditioning
- Ceiling Fan(s)
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- Driveway
- School District
- Lorain CSD - 4709
Listing Courtesy of: Steven Lawson, stevelawson@superstevesells.com With Russell Real Estate Services
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