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$106,959
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Property Description
Turnkey investment opportunity! This fully occupied duplex generates $1,420/month in total rent, delivering a solid $17,040 in gross annual income. Each unit features 2 bedrooms with month-to-month tenants in place, offering flexibility for future rent increases or owner-occupancy. Located in a convenient Lorain neighborhood, this property offers immediate cash flow and strong return potential from day one.
Full Property Details
Full Property Details for 1347-1349 Massachusetts Ave
General
- Sold For: $106,959
- Taxes: $1,403 (2024)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5117828
- Added to Site: 95 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Driveway, Paved
Location
- County: Lorain
- Township: Lorain
- Subdivision: Highview Park Sub #2
- Driving Directions: From I-90, take OH-611 W toward Lorain. Continue on OH-611 (Colorado Ave), then turn left onto Massachusetts Ave. The property at 1347-1349 Massachusetts Ave will be on your right, just past E 13th St.
- Direction Faces: West
School Information
- Elem School District: Lorain CSD - 4709
- Midd School District: Lorain CSD - 4709
- High School District: Lorain CSD - 4709
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding
- Basement Desc.: None
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,728
- Living Area: 1,728 Sq. Ft.
- Finished Above Grnd: 1,728 Sq. Ft.
- Year Built: 1978
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: .13
- Lot Size Source: Appraiser
Financial Considerations
- Tax Amount: $1,403.22
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: Trash Collection, Water
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: HIGHVIEW PARK SUB #2 55.50 X 108.30 S/L 183
- Property ID: 03-00-050-113-010
Listed by Progressive Urban Real Estate Co, Oliver Moreau
Sold by Non-Member, Non-Member Non-Member
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Price & Sales History for 1347-1349 Massachusetts Ave
Date
Details
Price
Change
Source
9/03/2025
Sold
$106,959
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1347-1349 Massachusetts Avenue, Lorain, OH 44052 (MLS# 5117828) is a Duplex property that was sold at $106,959 on September 03, 2025. Want to learn more about 1347-1349 Massachusetts Avenue? Do you have questions about finding other Duplex real estate for sale in Lorain? You can browse all Lorain real estate or contact a Coldwell Banker agent to request more information.
