Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1957
Sq.Footage
1,632
This cash-flowing ranch style home presents an excellent opportunity for investors looking to add a tenant-occupied property to their portfolio! The home features 3 bedrooms and 1 full bathroom, along with a spacious living room, a functional kitchen, and an adjoining dining area that provides a comfortable and practical layout. Recent renovations include a newer roof, vinyl windows, luxury vinyl plank flooring, updated interior doors, hardware, and hinges. The remodeled kitchen features attractive shaker-style cabinetry and granite countertops, while the updated bathroom adds to the home’s overall appeal. The basement provides additional storage space and offers potential for future improvements or added value. The property is currently tenant occupied and generates $1,325 per month in rental income, with the existing lease running through 12/11/2026, providing immediate and consistent cash flow for the next owner. Conveniently located in Lorain near Oakwood Park, the Black River, and I-90, the property also offers easy access to major roads, shopping, schools, restaurants, public transportation, and other local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! This updated, income-producing home is a solid investment opportunity with dependable rental income already in place. Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
Above Grade Finished Area
1632.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.17
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch
Price
-
Sales Price
$145,000
-
Tax Amount
$857
-
Sq. Footage
1,632
-
Price/SqFt
$88
HOA
-
Association
No
School District
-
Elementary School
Lorain CSD - 4709
-
Middle School
Lorain CSD - 4709
-
High School
Lorain CSD - 4709
Property Features
-
Stories
1
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Lorain
Elementary School
Lorain CSD - 4709
Middle School
Lorain CSD - 4709
High School
Lorain CSD - 4709
Listing Courtesy of Michael Azzam , RE/MAX Haven Realty
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AGENT
Tylier Dawley
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