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165 Lake Street, Lancaster, OH 43130

Local realty services provided by:CENTURY 21 Premiere Properties
165 Lake Street,Lancaster, OH 43130
$225,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: donald e shaffer
Office: howard hannarealestateservices
MLS#:226000230
Source:OH_CBR

Price summary

  • Price:$225,900

About this home

Premier Investment Opportunity: Income-Producing Duplex Unlock the potential of this versatile 1,523 sq. ft. duplex in a high-demand Lancaster location! Whether you are looking for a reliable addition to your portfolio or an 'owner-occupant' opportunity to live in one side and let the other pay your mortgage, this property delivers. This well-maintained two-unit building features a spacious layout designed for long-term tenant comfort: Unit 1 (First Floor): A generous 3-bedroom, 1-bathroom residence. Unit 2 (Second Floor): A cozy 1-bedroom, 1-bathroom unit. Amenities: Both units feature large living areas, kitchens equipped with refrigerators and stoves, and dedicated laundry hookups (tenant-owned washers/dryers). Utilities: Units are individually metered, and tenants pay all utilities. Financial Highlights Strong Cash Flow: Currently generating $1,795 per month in total rent. Tenant Mix: One unit is self-pay and the other is Section 8; both are currently on

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Home facts

  • Year built:1900
  • Listing ID #:226000230
  • Added:1 day(s) ago
  • Updated:January 05, 2026 at 05:41 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$225,900
  • Tax amount:$890
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor CENTURY 21 Premiere Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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