$111,750
About this home
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.
Property details
- MLS #
- 5205271
- Property type
- SingleFamilyResidence
- Subdivision
- Heman Elys
- Status
- Active
- Days on market
- 103
- On market date
- April 29, 2026
- Stories
- 2
- Garage spaces
- 1
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 411
- Student:teacher ratio
- 16.4:1
- District
- Elyria City Schools
- Enrollment
- 704
- Student:teacher ratio
- 16.8:1
- District
- Elyria City Schools
- Enrollment
- 1,667
- Student:teacher ratio
- 16.2:1
- District
- Elyria City Schools
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 6 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.