Property Description

Partially leased property offering strong income growth potential at 1036 Oberlin Ave in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This duplex-style property features one occupied unit generating $1,125 month-to-month, while the second unit is currently vacant, providing immediate upside through lease-up. Utilities are structured with the tenant paying electric and the owner responsible for water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, making it well-suited for continued income production. Ideal for investors seeking to expand their portfolio with a value-add component, this asset contributes to a larger package with built-in cash flow and long-term growth potential.

1036 Oberlin Avenue | MLS# 5205320

This multi-family property located at 1036 Oberlin Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $135,000. Oberlin Avenue is located within the Lorain City school district. Search Lorain real estate on string.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Other

Basement: Yes

Cooling: Other

Days on Market: 30

Garage: 1

Heating: Other

Lot Size: 0.12 Acres

Roof Type: Other

Taxes: $1,437 / year

Year Built: 1920

Feature Descriptions

Exterior: Vinyl Siding

Parcel#: 02-02-026-118-026

Parking: Detached, Garage

Sewer: Other

Water: Other

Local Schools

School District: Lorain City

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Estimated Payment

$ 852.45 per month $693.32 Principal & Interest $119.75 Property Tax $39.38 Homeowner's Insurance

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1036 Oberlin AvenueLorain, OH 44052

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Property Description

1036 Oberlin Avenue | MLS# 5205320

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

1036 Oberlin AvenueLorain, OH 44052

TOUR THIS HOME

Property Description

1036 Oberlin Avenue | MLS# 5205320

Property Features

Feature Descriptions

Local Schools

Estimate Your Payment

Change Payment Information

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