This lovely home is currently tenant occupied and has been rented out for 24 years. This large home can either be owner occupied or may be an investment property. Current tenant would like to remain. The home has 4 bedrooms on the second floor with a full bath. The main floor living space has a foyer, living room, dining room and large kitchen, also a full bathroom. The basement has a full bathroom, and the attic has a full bathroom that is not used. Windows are vinyl replacements, hot water tank is newer, furnace and A/C is 90% efficient. The 2 car detached garage door does not open (needs repair) and is not currently in use. This is a solid house that will need the new owners TLC. This home was previously used as a 4 unit rental prior to current owner who converted it to a single family rental. This home also passes annual section 8 inspections and is due for inspection. Currently renting out under market value on a month to month basis at $850.00 monthly and tenant paying all utilities. All trees were recently removed, and a new roof was installed 6/17/2026
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: jimwallrealestate@gmail.com, 440-537-4332
Shown By
Agency Title: Mosholder Realty
Agency Phone: 330-633-5536
Estimated Payment
$ 630.17 per month $455.69 Principal & Interest $146.92 Property Tax $27.56 Homeowner's Insurance
5 Water Street | MLS# 5220268
This single family home located at 5 Water Street , Elyria, OH 44035 is currently listed for sale with an asking price of $94,500. This property was built in 1900 and has 4 bedrooms and 3 full baths with 1844 sq. ft. Water Street is located in the Black River subdivision within the Elyria City school district. Search Black River real estate on www.mosholder.com today.