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Lorain,OH 44052
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 981 sqft
Price per Sqft $101
MLS Listing ID 5072563
Style Ranch
Bedrooms 3
Full Baths 1
Year Built 1949
Annual Tax Amount $1,335
Tax Year 2023
Lot Size 6,969 Sqft
Property Description
**Investment Opportunity in Lorain, Ohio** Unlock the potential of this charming three-bedroom ranch home located in the heart of Lorain. Currently occupied by a long-term month-to-month tenant paying $900 per month, this property offers immediate cash flow with room for growth. **Key Features:** - **Current Income:** $900/month from a long-term month-to-month tenant. - **Market Potential:** Rents for similar three-bedroom homes are averaging between $1,100 and $1,300, particularly in the Section 8 market. This is a fantastic chance to acquire a property with instant cash flow at an attractive price point. Whether you're a seasoned investor or new to real estate, this opportunity is not to be missed! **Act Now!** Contact us today to learn more and schedule a viewing. Your next investment awaits!
Location
State OH
County Lorain
Interior
Heating Gas
Cooling Window Unit(s)
Exterior
Garage Garage
Garage Spaces 1.0
Garage Description 1.0
Waterfront No
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Lorain Csd - 4709
Others
Special Listing Condition Standard