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.
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Nikki Mort
Agent Phone: (330) 414-3585
Agency Title: Mosholder Realty
Estimated Payment
$ 874.42 per month $593.12 Principal & Interest $245.42 Property Tax $35.88 Homeowner's Insurance
102 Water Street | MLS# 5205271
This single family home located at 102 Water Street, Elyria, OH 44035 is currently listed for sale with an asking price of $123,000. This property was built in 1900 and has 3 bedrooms and 2 full baths. Water Street is located in the Heman Elys subdivision within the Elyria City school district. Search Heman Elys real estate on nmort.mosholder.com today.