Listed By
Agency Name: Russell Real Estate Services
Agency Contact: stevelawson@superstevesells.com, 440-320-9888
Shown By
Agent Name: Ethan Rebuck
Agent Phone: (330) 430-9663
Agency Title: Cutler Real Estate
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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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Ceiling Fan(s)
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,963 / year
Year Built: 1900
Amenities
Private Yard
Feature Descriptions
Community Features: Other
Exterior: Concrete
Fencing: Chain Link
Laundry: In Basement
Lot: Flat, Level
Parcel#: 02-01-003-187-018
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Estimate Your Payment
Estimated Payment
$ 1,078.58 per month $865.70 Principal & Interest $163.58 Property Tax $49.29 Homeowner's InsuranceChange Payment Information
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2514 Reid Avenue | MLS# 5229898
This multi-family property located at 2514 Reid Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $169,000. Reid Avenue is located within the Lorain City school district. Search Lorain real estate on www.ethanrebuck.com today.