1063 W 21st Street, Lorain, OH 44052
- $117,000
- 7
- BD
- 3
- BA
- 2,890
- SqFt
- Sold Price
- $117,000
- List Price
- $119,900
- Status
- CLOSED
- Days on Market
- 22
- Closing Date
- Aug 16, 2024
- MLS#
- 5056847
- Subtype
- Residential Income
- Year Built
- 1974
- Bedrooms
- 7
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,890
- Acres
- 0.18
- MLS Area Major
- Lorain
Property Description
Welcome to this incredible investment opportunity! This income-producing property boasts three units, offering a potential rental income of $2500+ per month. Located in a prime location within an up-and-coming area, this property promises significant growth potential. Unit 1: 3 bedrooms, 1 bathroom - mostly gutted and primed for your final touches to make it your own. Unit 2: 2 bedrooms, 1 bathroom - almost completely renovated, ready for immediate occupancy. Unit 3: 2 bedrooms, 1 bathroom - also almost fully renovated, with modern upgrades and stylish finishes. The property features a large paved parking area, providing ample space for tenants and guests. While it needs a bit of TLC, the possibilities are endless with this gem. Don't miss out on the chance to invest in a property with so much potential in a rapidly developing neighborhood. AS-IS property!
Additional Information
- Taxes
- $2,894
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Flat
- Parking Features
- Paved
- School District
- Lorain CSD - 4709
Listing Courtesy of: Mathew P Chase, matt@chasegrouprealestate.com With Keller Williams Greater Metropolitan
Selling Office: Keller Williams Greater Metropolitan.Mortgage Calculator
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