Investors take note! New main roof and the upstairs unit has been renovated with new drywall and paint! This double has lots of potential for the investor seeking a ready to rent unit recently rehabbed. Longer term traditional tenant in the down unit $825/month and tenant would like to stay; the up unit is vacant. Large basement has plenty of storage and laundry hookups. Large backyard perfect for tenant recreational activities. Down unit has pass through to bathroom; could be additional bedroom. Seller will make no further repairs. Professional property mgmt in place. Do not disturb down tenant, this unit can be inspected after accepted offer.
Great investment opportunity in Lorain. This home is under construction but has new exterior doors, a new roof, new gutters, a new hot water tank, a new furnace, and new plumbing on the first floor. On the second floor the plumbing is roughed in but not completed. Also, new electrical work is mostly done on the first floor and roughed in on the second floor. The basement has been waterproofed, and the first-floor bathroom has already been remodeled. Don't miss your chance to invest in real estate.
6 bedrooms this side by side multi family home offer 2 units each with 3 bedrooms, 1 bath, living room, dinning area, eat-in kitchen and full separated basement under each unit. Off Street parking shared garage and large backyard.
Welcome to this fully renovated duplex, meticulously updated from top to bottom! This property offers two identical units, each featuring 2 bedrooms and 1 bathroom, perfect for investors or owner-occupants looking to offset their mortgage with rental income. Inside, you'll find brand new everything—from the windows and doors to the flooring and bathrooms, offering a modern and fresh feel throughout. The floor joists have been replaced to ensure a solid foundation for years to come, as well as a new furnace. The property also boasts a spacious backyard, perfect for outdoor entertaining or gardening, and off street parking, offering added appeal for tenants. With gross rental potential of $2,400/month, this is an excellent opportunity to generate steady income. Move-in ready and full of upgrades, this duplex is a prime investment waiting for its new owner with nothing to do other than find your future tenants! Don’t miss out on this turn-key opportunity.
Great investment opportunity, each unit offers approx 900 sq ft with separate unfinished Basements with washer/dryer hookups. Tenants pay electric & gas. Tenants on both sides and would prefer to stay, both on month to month agreements.
Discover the potential of this roomy brick double, boasting 2600 sq ft of open living space, complemented by an additional 1300;sq ft full basement!*Also offers a 22x8 rear patio off first floor and 22x8 rear balcony off second floor*Ideal for investors or contractors, this property is situated in a fantastic location near parks, schools, and the scenic shores of Lake Erie*The spacious, versatile layout is perfect for a total rehab, allowing you to customize and create your dream space!* Enjoy the benefits of a large parking area and a private backyard, offering ample space for outdoor activities and relaxation*Don’t miss out on this unique opportunity to invest in a prime location and transform this property into a beautiful home or a lucrative Multi-Unit rental!
The median home value in Lorain, OH is $113,400. This is lower than the county median home value of $214,100. The national median home value is $338,100. The average price of homes sold in Lorain, OH is $113,400. Approximately 48.23% of Lorain homes are owned, compared to 40.11% rented, while 11.66% are vacant. Lorain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lorain real estate agent to arrange a tour today!
Lorain, Ohio 44055 has a population of 65,051. Lorain 44055 is less family-centric than the surrounding county with 22.23% of the households containing married families with children. The county average for households married with children is 27.46%.
The median household income in Lorain, Ohio 44055 is $42,201. The median household income for the surrounding county is $62,390 compared to the national median of $69,021. The median age of people living in Lorain 44055 is 38.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 38.9 inches per year, with 51.3 inches of snow per year.