Property Attributes
- MLS#5205271
- TypeSingle Family
- Listing Status Active
- CountyLorain
- CityElyria
- NeighborhoodHeman Elys
- Zip44035
- Style
- Year Built1900
- Taxes$ 2945
- Price$ 111,750
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.09 Acres
Data Source:
MLSNow
Property 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.
| Price History | |
|---|---|
| 4/29/2026 | Listed $123,000 |
| 6/12/2026 | 4$118,000 |
| 8/14/2026 | 5$111,750 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | None |
| Possession | Delivery Of Deed |
| Roof | Other |
| Garage Spaces | 1 |
| Architectural Style | Colonial |
| Construction Materials | Frame |
| Year Built | 1900 |
| Stories Count | 2 |
| Township | Elyria |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Lorain |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Heman Elys |
| Garage Y/N | true |
| Total Rooms | 6 |
| Full Baths | 2 |
| Status | Active |
| Directions | Lorain County |
| ModificationTimestamp | 2026-08-14T15:00:45.080-00:00 |
| City | Elyria |
| High School District | Elyria CSD - 4706 |
| Lot Size Units | Acres |
| Carport Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 2945 |
| Home Warranty Y/N | false |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Elyria CSD - 4706 |
| Elementary School District | Elyria CSD - 4706 |
| Year Built Source | Public Records |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | ELYRIA |
| Legal Description | WATER ST 48.73 X 98 S/L 25 |
Interior Features
| Basement | Other |
|---|---|
| Basement (Y/N) | true |
| Air Conditioning Y/N | false |
| Fireplace Y/N | false |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
| Total Baths | 2 |
Exterior Features
| Parking Features | Detached,Garage |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.09 |
| Lot Size Acres | 0.09 |
| Lot Size Source | Appraiser |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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