102 Water Street, Elyria, OH 44035

• 3 beds |
• 2 baths

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 3:18PM

Listing Office:

Russell Real Estate Services : 440-201-9850

Listing Agent:

Tal Tamir : 216-870-8687

MLS ID:

5205271

Interior

• Basement: Other
• A/C: None
• Heating: Other
• Fireplace: Fireplaces: 0

Exterior

• Style: Colonial
• Parking: DetachedGarage

Construction

• Roofing: Other
• General: Frame2

Location

• Originating MLS: NOWDD_NORM
• School District: Elyria CSD - 4706
• County: Lorain

Lot

• Zoning: WATER ST 48.73 X 98 S/L 2506-26-066-000-001

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM