Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
Performing rental property with consistent returns at 1339 Washington Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied duplex produces strong, consistent cash flow with rents of $1,100 and $1,250 per month, both secured through leases expiring 3/31/27, providing long-term income stability. Tenants are responsible for all utilities, helping to minimize owner expenses and maximize returns. The property offers a functional layout with solid rental demand in the area, making it a dependable addition to a larger portfolio. Ideal for investors seeking stable, predictable income, this asset contributes to a well-performing, income-producing portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Other
Cooling: None
Heating: Other
Lot Size: 0.09 Acres
Roof Type: Other
Stories: 2.0
Taxes: $1,288 / year
Year Built: 1900
Feature Descriptions
Parcel#: 02-01-006-127-024
Parking: None
Sewer: Other
Water: Other
Local Schools
School District: Lorain City
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Estimated Payment
$ 1,123.12 per month $960.66 Principal & Interest $107.33 Property Tax $55.13 Homeowner's InsuranceChange Payment Information
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1339 Washington Avenue | MLS# 5205310
This multi-family property located at 1339 Washington Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $189,000. Washington Avenue is located within the Lorain City school district. Search Lorain real estate on www.leahackerman.com today.