Property
Beds
3
Full Baths
1
1/2 Baths
1
Year Built
1900
Sq.Footage
1,052
Investment property with long-term stability and value-add potential. Currently occupied by a long-term tenant in good standing. Property is under-rented relative to market, providing an opportunity to improve NOI over time. Based on conservative market assumptions, future stabilized performance supports attractive cap-rate potential for buy-and-hold investors. Ideal for those seeking dependable occupancy today with upside through income optimization. Excellent location & views- near cascade falls. Do not disturb tenant. Showings by appointment only.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Above Grade Finished Area
1052.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Vinyl Siding
-
Parking
Off Street, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Conventional
Price
-
Sales Price
$64,900
-
Tax Amount
1188.0
-
Sq. Footage
1, 052
-
Price/SqFt
$61
HOA
-
Association
No
School District
-
Elementary School
Elyria CSD - 4706
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Lorain
Elementary School
Elyria CSD - 4706
Middle School
High School
Listing Courtesy of Kristin Horst , RE/MAX First Realty, LLC
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