2320 Lexington Avenue

Investor opportunity in Lorain! This side-by-side duplex features two mirror-image 3-bedroom, 1-bath units with approximately 2,400 sq ft on a 0.17-acre lot. Gas and electric are separately metered, and each unit has its own basement laundry hookups. Unit 2320 has a long-term tenant of 8 years on a month-to-month lease, paying $700/month plus all utilities, with a furnace installed in 2026 and a 10-year-old water heater. Unit 2326 is vacant and ready for updates. It needs a water heater and has a 1990 furnace, giving you the chance to renovate and set your own rent. Roof replaced in 2016, and some windows have been updated. Both units have partial unfinished basements, and the seller reports no water issues. Gravel driveway on both sides. Sold as-is. Add this income-producing property to your portfolio!