Average square foot calculated using Size range provided by listing agent.
Description
Discover a fantastic turnkey investment opportunity in the desirable Homewood subdivision of Lorain. This well-maintained side-by-side duplex offers two spacious, fully leased units—each featuring 2 bedrooms, 1 full bathroom, a generous living area, and an eat-in kitchen. Both units have access to private basements with laundry hookups and abundant storage space. Currently generating a combined monthly rental income of $1, 700, this property provides immediate cash flow with tenants in place under lease agreements. One side has recently undergone renovations, enhancing appeal and tenant satisfaction. Tenants pay all utilities except water, sewer, and trash, maximizing profitability. This property is part of a four-unit package—sold together with adjacent duplexes at 2323 and 2325 Homewood—sharing a convenient driveway with plenty of parking, offering a unique opportunity to expand your rental portfolio. With its strong rental income, recent upgrades, and prime location, this investment promises long-term growth, stability, and excellent returns for savvy investors looking to capitalize on Lorain's rental market.Show Description
MLS® Number5155566
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1949
BasementSump Pump
DrivewayAsphalt, Gravel
Garage Spaces
HeatForced Air
A/CCeiling Fans
Heating Fuel
Extras
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