102 Water StreetElyria, OH 44035

Description

Turnkey income-producing asset at 102 Water St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This income-producing property is tenant-occupied on a month-to-month lease at $1,600 per month, providing immediate cash flow, with the tenant responsible for all utilities to help maximize net returns. The property features a functional layout with strong rental appeal and has been maintained to support consistent occupancy. Located near key amenities, employment centers, and major thoroughfares, it benefits from steady tenant demand. Ideal for investors seeking to scale their holdings with a performing asset, this property contributes to a larger, stabilized portfolio with built-in income and operational efficiency. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Colonial

Year built

1900

Stories

2

Lot size

0.09 acres

Garage spaces

1

Days on market

154

MLS^® Listing#

5205271

Property Features

Cooling

None

Heating

Other

Basement

Other

Parking

Detached · Garage

Construction

Frame

Roof

Other

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$2,945Tax year 2025

Parcel number

06-26-066-000-001

Directions

Lorain County