Rick Stallard
REALTOR®
BEDS3
BATHS2 full
MLS#5205271
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONHeman Elys
SCHOOLElyria City
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.
Property Features
Property Type: Residential - Single Family
Basement: Other
Basement: Yes
Cooling: None
Garage: 1
Heating: Other
Home Style: Colonial
Lot Size: 0.09 Acres
Roof Type: Other
Stories: 2.0
Taxes: $2,945 / year
Year Built: 1900
Feature Descriptions
Days on Site: 14
Exterior: Frame
Parcel#: 06-26-066-000-001
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Elyria City
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Rick Stallard
Agent Phone: (330) 723-9911
Agency Title: M.C. Real Estate
Estimate Your Payment
Estimated Payment
$ 555.04 per month $273.74 Principal & Interest $245.42 Property Tax $35.88 Homeowner's InsuranceChange Payment Information
Rick Stallard
Office: (330) 723-9911
Cell: (330) 421-6600
Fax: (330) 723-9912
Email: rick9666@aol.com
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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 rstallard.mcrealestateohio.com today.