Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Attention investors—don’t miss this fully rented, professionally managed opportunity with the option to retain or terminate management. This spacious 4-bedroom, 2 full bath colonial features a full bath on each level for added tenant comfort, a full basement, and a walk-up third-floor attic offering potential for expansion or convenient storage. The aluminum-sided exterior includes upgraded vinyl windows and a relaxing front porch, all nestled on a quiet street in an investor-friendly city known for low property taxes and a strong Section 8 rental market. A partially fenced backyard adds to the appeal, while inside you’ll find some hardwood flooring for added durability and charm. Though the property is a foreclosure and being sold as is, it offers solid mechanical updates including an upgraded electrical panel, newer hot water tank, and furnace that appear to have many years of service left. The first-floor bathroom may need flooring, and a few cosmetic touches throughout could enhance value. Average rent for a 4-bedroom, 2-bath home in this area supports excellent cash flow potential. Currently tenant-occupied, showings require some notice. This is a smart addition to any portfolio—schedule your private tour today
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
Detached, Garage, Paved
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Colonial
Price
-
Sales Price
$85,000
-
Tax Amount
1705.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
Elyria CSD - 4706
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
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Location
County
Lorain
Elementary School
Elyria CSD - 4706
Middle School
High School
Listing Courtesy of Christopher A Frederick , Coldwell Banker Schmidt Realty
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