Price Reduction
116 Water Street, Elyria, OH
$ 110,000
Property Attributes
  • MLS#5038639
  • TypeMulti-Family
  • CountyLORAIN
  • CityElyria
  • NeighborhoodElyria
  • Zip44035
  • Style
  • Year Built1900
  • Taxes$ 1283
  • Price$ 110,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1776
  • Lot Size0.07 Acres
Data Source:
Property Description

Welcome to your next investment property! 116 Water St has been updated and with a few finishing touches is ready to rent. Both units have 2 bedrooms. The upstairs access is inside so no slippery winters or exterior staircase to maintain. Located in the heart of downtown Elyria, there will be no shortage of potential tenants. Easy-to-maintain vinyl flooring, updated kitchens, and in-unit laundry access are a few of the amenities. Bring your offers and your tenants!

Price History
5/16/2024 Listed $140,000
5/20/2024 22% - $110,000

General Features

Sewer PublicSewer
Heating Baseboard,ForcedAir,Gas
Cooling None
Possession DeliveryOfDeed
Roof Asphalt
Construction Materials Frame,VinylSiding,WoodSiding
Year Built 1900
Tenant Pays CableTV,Electricity,Gas,Heat
Stories 2
Township Elyria Twp
Levels Two
Property SubType Duplex
Tax Year 2023
OwnerPays Sewer,TrashCollection,Water
County Lorain
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Elyria
Facing Direction West
Garage Y/N No
Total Rooms 8
Status Active
Directions Between Broad and 2nd St,between W River N and West Ave
ModificationTimestamp 2024-06-10T17:26:00.877-00:00
City Elyria
Disclosures PrincipalisRealEstateLicensed
View Y/N No
Senior Community Y/N No
High School District Lorain CSD - 4709
Lot Size Units Acres
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1283.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 25
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source PublicRecords
Property Sub Type Additional Duplex
MobileHomeRemainsYN No
Legal Description WATER ST FRNT 0037.40 DPTH 0086.00

Interior Features

Basement Full
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1776.0
Full Baths 2
Total Bedrooms 4
Electric On Property Y/N No
Above Grade Finished Area Source Realist
Total Baths 2

Exterior Features

Parking Features OffStreet
Water Source Public
Lot Size Area 0.07
Number of Buildings 1
Spa No
Lot Size Acres 0.07
Lot Size Source PublicRecords
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44035

AVG $110K
AVG $1,209
AVG 153
Data Provided by Inside Real Estate®
Year Built
AVG 1930

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