Property
Beds
6
Full Baths
2
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Attention all investors! Don’t miss this incredible opportunity to add a fully rented, cash-flowing property to your portfolio. Captivating 3-story colonial offers 6 spacious bedrooms and 2 full baths, situated in a rental-friendly city with strong demand, including a robust Section 8 market. Long-term tenant wishes to remain, providing immediate income, and the property is currently professionally managed (management can remain or be terminated at buyer’s discretion). Home is situated on a generous lot with ample parking and a 2-car garage (garage door needed), and has seen many mechanical and cosmetic updates. Exterior features include upgraded vinyl siding, energy-efficient vinyl windows, and an updated dimensional roof. Inside, you'll find a light-filled and comfortable interior with high ceilings on the first floor, updated flooring and paint, and a refreshed kitchen. The layout includes four bedrooms on the second floor and two or three additional bedrooms on the finished third floor, offering flexibility for larger households or additional rental income. Two full bathrooms—one on the main floor and one on the second—provide added convenience. Key mechanical updates include a 2022 high-efficiency furnace and a 2021 hot water tank, along with updated plumbing and electrical with a breaker box. The full basement offers even more potential for storage. Please note: the property is being sold as-is as part of a foreclosure; a floor gap in the living room and garage door repair are disclosed. Easy to show with notice—check out area rental rates for 6-bedroom homes and schedule your private tour today!
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
2
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Vinyl Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Colonial
Price
-
Sales Price
$115,000
-
Tax Amount
1643.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
Lorain CSD - 4709
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Lorain
Elementary School
Lorain CSD - 4709
Middle School
High School
Listing Courtesy of Christopher A Frederick , Coldwell Banker Schmidt Realty
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