Susan Hallstrom
Realtor
REALTOR®, PSA, ABR
BEDS6
BATHS2 full
SQUARE FEET2,400
MLS#5259472
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHogans 3rd Add
SCHOOLLorain City
Property Description
Investor opportunity in Lorain! This side-by-side duplex features two mirror-image 3-bedroom, 1-bath units with approximately 2,400 sq ft on a 0.17-acre lot. Gas and electric are separately metered, and each unit has its own basement laundry hookups. Unit 2320 has a long-term tenant of 8 years on a month-to-month lease, paying $700/month plus all utilities, with a furnace installed in 2026 and a 10-year-old water heater. Unit 2326 is vacant and ready for updates. It needs a water heater and has a 1990 furnace, giving you the chance to renovate and set your own rent. Roof replaced in 2016, and some windows have been updated. Both units have partial unfinished basements, and the seller reports no water issues. Gravel driveway on both sides. Sold as-is. Add this income-producing property to your portfolio!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.17 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,604 / year
Year Built: 1900
Feature Descriptions
Days on Site: 2
Exterior: Aluminum Siding
Fencing: Fenced, Wood
Laundry: In Basement
Parcel#: 02-01-003-176-010
Parking: Driveway, Gravel
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: whitedestates@gmail.com, 440-387-8918
Shown By
Agent Name: Susan Hallstrom
Agent Phone: (740) 310-0118
Agency Title: Sulek & Experts Real Estate
Estimate Your Payment
Estimated Payment
$ 485.83 per month $311.36 Principal & Interest $133.67 Property Tax $40.80 Homeowner's InsuranceChange Payment Information
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2320 Lexington Avenue | MLS# 5259472
This multi-family property located at 2320 Lexington Avenue, Lorain, OH 44052 is currently listed for sale with an asking price of $139,900. Lexington Avenue is located within the Lorain City school district. Search Lorain real estate on shallstrom.sulekandexperts.com today.