1423 Shaffer, Lorain, OH 44053
- $149,900
- 4
- BD
- 2
- BA
- List Price
- $149,900
- Status
- PENDING
- Days on Market
- 2
- MLS#
- 5233205
- Subtype
- Residential Income
- Year Built
- 1974
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Acres
- 0.01
- MLS Area Major
- Lorain
Property Description
Investor opportunity with owner-occupant potential! This duplex at 1423 Shaffer Drive, Lorain is currently fully occupied, generating immediate rental income with one unit leased at $900/month on a one year lease ending 07/31/2027 and the other at $800/month on a month-to-month basis, for a total gross monthly income of $1,700 Tenants pay their own gas and electric, while the owner covers water and sewer, helping keep operating expenses manageable. Whether you're looking to add a cash-flowing property to your investment portfolio or planning ahead to owner-occupy one unit while offsetting your mortgage with rental income from the other, this property offers excellent flexibility. A great opportunity for investors today and future owner-occupants or house hackers alike.
Additional Information
- Taxes
- $2,486
- Heating
- Other
- Air Conditioning
- Other
- Stories
- 1
- Levels
- One
- Roof
- Other
- Parking Features
- Garage
- Garage Spaces
- 2
- School District
- Lorain CSD - 4709
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
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