$54,900

FOR SALE

1128 W 19th Street

Lorain, Oh, 44052

MLS #5255872

Subdivision: W B Thompson Trustee Add 02

Building: -

3 Beds

1/- Baths

882 sqft

$ 62.24 /sqft

Property Details

INVESTOR OPPORTUNITY! An excellent addition to any rental portfolio at an affordable price of just $54,900! This 3-bedroom, 1-bath property offers immediate rental income with a long-term tenant currently paying $800 per month who would love to stay! Generating $9,600 in annual gross rental income, this property offers an attractive 17.5% gross annual rental yield at the asking price. Enjoy the advantage of an established tenant, eliminating the immediate need to find a new renter. Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this is a fantastic opportunity to acquire an income-producing property at an exceptional price point. Don't miss your chance to secure this affordable investment with rental income already in place!

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1900
Cooling
None
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
AluminumSiding
Security
-
Heating
ForcedAir
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Driveway
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
Active
Listing Office
Russell Real Estate Services

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Listing Courtesy of: Russell Real Estate Services