Matt Marquard

418 W 17th Street, Lorain, OH 44052

$149,900
  • 418 W 17th Street, Lorain, OH 44052 Main Photo
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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,290 MLS#5256545
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONChamberlains Add SCHOOLLorain City

Property Description

Location matters in a rental, and 418 W 17th puts you in Lorain, where tenant demand stays strong and rental homes tend to fill quickly and hold their tenants. You are close to the everyday conveniences renters want, which helps keep vacancy low and income dependable. 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.

418 W 17th Street | MLS# 5256545

This multi-family property located at 418 W 17th Street, Lorain, OH 44052 is currently listed for sale with an asking price of $149,900. W 17th Street is located within the Lorain City school district. Search Lorain real estate on mmarquard.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.07 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,953 / year
Year Built: 1900

Feature Descriptions

Exterior: Wood Siding
Laundry: Common Area
Parcel#: 02-01-003-138-007
Parking: Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Lorain City

Listed By / Shown By

Listed By

Agency Name: RE/MAX Infinity
Agency Contact: sellwithaiden@gmail.com, 330-415-7054

Shown By

Agent Name: Matt Marquard
Agent Phone: (330) 441-4926
Agency Title: M.C. Real Estate

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Estimated Payment

$ 540.08 per month $333.61 Principal & Interest $162.75 Property Tax $43.72 Homeowner's Insurance

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