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5 Water Street

Elyria, OH 44035
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Bed 4

Bed

Bath 3

Bath

SqFt1,844

Sqft

Acres0.17

Acre(Lot)

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

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Detail Ic Property Details

Property Type : Residential

Price : $94,500

AD Id : 85484353

MLS Id : 5220268

Beds : 4

Lot Size : 0.17 Acre

Living Area Size : 1,844

Year Built : 1900

Garage : 1

County : Lorain

Subdivision: Rural Tract (no Subd)

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Asphalt, Fiberglass, Shingle
  • Interior Features

    Entrance Foyer Roof: Asphalt, Fiberglass, Shingle Appliances: Range Laundry Features: Washer Hookup, In Basement Window Features: Double Pane Windows, Insulated Windows, Screens
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Window Unit(s)

  • Building Information

    Year Built: 1900 Construction Materials: Asphalt, Frame, Plaster, Vinyl Siding Stories: 3 Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch Private Pool: No View: City
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 55 x 130 Main Square Feet: 0.17 Acres Lot Size Acres: 0.17 Lot Size Source: Assessor Lot Description: Back Yard, City Lot, Front Yard, Paved, Rectangular Lot

    Property Information

    Subdivision: Black River Source Property Type: Residential Property SubType: Single Family Residence Levels: Three Or More Property Age: 126

  • Listing Price Information

    Listing Price: $94500 Cash, Conventional

  • Tax Information

    Parcel Number: 06-26-069-000-013 Tax Year: 2025 Annual Tax: $1763 Tax Legal Desc: WATER ST 55 X 130 S/L 35-39

  • Parking Information

    Concrete, Garage Faces Front, Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: Broad St to Water St. WaterSource: Public Security Features: Smoke Detector(s)
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/21/2026 @ 22:59

MLS: 5220268 LISTED BY: James Wall, Russell Real Estate Services 440-835-8300 SOURCE: MLS Now

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