1336 Lakeview Avenue, Lorain, OH 44053

$54,000
2
BD
1
BA
709
SqFt

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Sold Price
$54,000
List Price
$60,000
Status
CLOSED
Days on Market
78
Closing Date
Jan 02, 2026
MLS#
5165323
Subtype
Residential
Style
Ranch
Year Built
1930
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
709
Acres
0.09
Subdivision
Lake View Allotment
Neighborhood
Lake View Allotment
MLS Area Major
Lorain

Property Description

Here is your chance to become a real estate investor overnight! This 2-bedroom, 1-bath home in Lorain offers an excellent opportunity to generate immediate rental income in a convenient location near schools, shopping, dining, and major roadways. Built in 1930, the property retains its charming original wood windows while featuring newer LVP flooring throughout the living room, dining room, hallway, bathroom, and bedrooms—reducing immediate maintenance needs. The fully fenced backyard provides privacy and tenant appeal, with additional value-add potential for investors through the addition of a detached garage or outdoor improvements. The basement is equipped with glass block windows and an updated hot water tank (2024), enhancing the property’s functionality and value. Currently tenant-occupied at $950/month on a month-to-month lease, with tenants responsible for all utilities and expenses, this property delivers immediate cash flow with minimal landlord involvement. Sold as-is, it’s perfect for investors seeking a turnkey rental or a stable income property in a solid rental market. Full-service property management available with dedicated departments for leasing, marketing, and tenant communication—ideal for remote investors! Reach out to learn more!

Additional Information

Taxes
$1,007
Property Description
Ranch
Heating
Forced Air
Air Conditioning
Other
Stories
1
Levels
One and One Half
Roof
Asphalt, Shingle
Parking Features
Driveway
School District
Lorain CSD - 4709

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

Selling Office: Howard Hanna.

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