2517-2521 Crehore Street 2521, Lorain, OH 44052
- $140,000
- 4
- BD
- 2
- BA
- 3,672
- SqFt
- Sold Price
- $140,000
- List Price
- $139,900
- Status
- CLOSED
- Days on Market
- 30
- Closing Date
- Dec 22, 2023
- MLS#
- 4505814
- Subtype
- Residential Income
- Year Built
- 1971
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 3,672
- Acres
- 0.17
- Subdivision
- Nichols Sub
- Neighborhood
- Nichols Sub
Property Description
Nestled in a prime location in Lorain, this side-by-side duplex presents an exceptional opportunity for both investors and owner-occupiers. The area boasts a vibrant atmosphere, with the renowned Rockin' on the River concert during the summer months, offering tenants a delightful local entertainment option. With the potential for house hacking, residents can live in one unit and generate rental income from the other, making it an attractive prospect for savvy buyers. Alternatively, investors can capitalize on this well-maintained property as a lucrative cash flow opportunity. Notably, the property's long-term owner of 15 years has ensured that the duplex is turnkey and features central air for added comfort. One unit, currently on a month-to-month lease, presents a significant value-add opportunity, as the tenant pays well below market rent at $550 monthly. Don't miss the chance to seize this prime investment or owner-occupier opportunity in a sought-after location.
Additional Information
- Taxes
- $1,741
- Heating
- Forced Air, Gas
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Foundation
- Slab
- Parking Features
- Shared Driveway, Unpaved
- School District
- Lorain CSD - 4709
Listing Courtesy of: Gregory Erlanger, Info@EZSalesTeam.com With Keller Williams Citywide
Selling Office: Keller Williams Citywide.Mortgage Calculator
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