Listed By:
Russell Real Estate Services
Address
102 Water Street, Elyria, OH
Price
$ 111,750
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

Property vs Single Family Average in 44035

Price
AVG $220K
$110K
Taxes
AVG $2,738
$2,945
Year Built
AVG 1961
1900

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