124 Cornell Avenue, Elyria, OH 44035

$99,900
4
BD
2
BA
2,124
SqFt

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List Price
$99,900
Status
ACTIVE UNDER CONTRACT
Days on Market
11
MLS#
5230304
Subtype
Residential
Style
Colonial
Year Built
1920
Bedrooms
4
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
2,124
Acres
0.15
Subdivision
Eastern Heights Land Co Sub #
Neighborhood
Eastern Heights Land Co Sub #
MLS Area Major
Elyria

Property Description

Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!

Additional Information

Taxes
$1,306
Property Description
Colonial
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt
Parking Features
Attached, Garage
Garage Spaces
2
School District
Elyria CSD - 4706

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

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