1128 W 19th Street, Lorain, OH 44052

$54,900
3
BD
1
BA
882
SqFt
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List Price
$54,900
Status
ACTIVE
Style
Colonial
Stories
2
MLS#
5255872
Year Built
1900
Bedrooms
3
Bathrooms
1
Living Area
882
Region
Lorain
Township
Lorain
Subdivision / Building
W B Thompson Trustee Add 02
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4407495478

Property Description

INVESTOR OPPORTUNITY! An excellent addition to any rental portfolio at an affordable price of just $54,900! This 3-bedroom, 1-bath property offers immediate rental income with a long-term tenant currently paying $800 per month who would love to stay! Generating $9,600 in annual gross rental income, this property offers an attractive 17.5% gross annual rental yield at the asking price. Enjoy the advantage of an established tenant, eliminating the immediate need to find a new renter. Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this is a fantastic opportunity to acquire an income-producing property at an exceptional price point. Don't miss your chance to secure this affordable investment with rental income already in place!

4407495478
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Additional Information

Taxes
$1,669
Acres
0.11
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Heating
Forced Air
Cooling
None
School District
Lorain CSD - 4709
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Listing Courtesy of: Patrick Pellerite, Pat@RussellRealty.com With Russell Real Estate Services

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