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$105,000
4 Beds 1 Baths 5028599 MLS
With its prime location and solid construction, this property holds tremendous potential for growth and profitability. Whether you're looking to expand your rental portfolio or interested in a property for yourself - this home has so much potential. There are 4 bedrooms and one full bathroom. The kitchen provides ample cabinet and counter space and all appliances remain. In unit laundry can be found on the lower level which also provides storage space. The unfinished area on the third level could easily be finished to add additional living space. This property provides a high cap rate at the purchase price - and so much potential to adding more value. All Appliances to remain with the unit. Don't miss this one! All information deemed accurate - buyer to do their own due diligence.

1705 E 29th Street, Lorain

Listing Courtesy of: Christopher Moscarino, cmoscarino@kw.com With Keller Williams Elevate

Selling Office: HomeSmart Real Estate Momentum LLC.

$130,000
4 Beds 2 Baths 4504300 MLS
Remodeled duplex with full occupancy awaits the landlord looking for a side street location with roomy floorplan. This duplex offers 2 units fully occupied on annual leases. Tenants pay for all utilities, of which a flat amount for water is included in rent of $75.00 each. Spacious backyard and enclosed porches. Each unit has its own drive/off street parking availability as well as street parking for guests. Recent improvements include new main stack on right unit with some plumbing in right unit. Luxury vinyl plank flooring and newer carpeting throughout both units, newer countertops/cabinets. Neutral paint. Both units has their own basement areas - great for additional storage; laundry hookup exists. Range, in right unit included (the ones not belonging to tenant). Other tenant provides own appliances. Traditional renters on premises. Nice property - nice income - nice value. Full time professional property management in place with construction/maintenance crew with transferable contract to new ownership. Multiple offer deadline 11-16-23 4:00pm EST for highest/best offers.

1712 E 30th Street, Lorain

Listing Courtesy of: Rebecca L Bauer, rbauer@realtywise.com With Realtywise, Inc.

Selling Office: RE/MAX Above & Beyond.

$125,000
2 Beds 1 Baths 5023319 MLS
Nicely remodeled colonial! As you enter the front foyer you will notice that all the flooring is only a few years old. The kitchen was completely gutted and redone as well. The laundry area was moved from the basement to the main floor near the kitchen. Upstairs you will find an extremely oversized owners bedroom which boasts a huge closet and a 36" entry door. This room could easily be converted to 2 separate bedrooms, or a sitting room! The second bedroom is spacious as well. Both bedrooms offer newer carpet. The full bath is upstairs at the end of the hallway and has been completely redone as well! The basement is perfect for storage - offering new HVAC system, waterproofing system, updated wiring and windows! The rear yard is fenced in and is semi private for all your entertaining adventures. Or- relax on the covered front porch watching the world go by! Located just steps away from Lorain County Metro Parks Days Dam! The park offers picnic areas, walking travels and much more!!!

3135 Camden Avenue, Lorain

Listing Courtesy of: Lori A Elswick, Lori@LoriElswick.com With Berkshire Hathaway HomeServices Lucien Realty

Selling Office: Keller Williams Citywide.

$220,000
4372997 MLS
Do you have an EYE for Opportunity? A Business Opportunity to make a GREAT Long Term Investment? A Storefront, Plus 5-7 Apartment Units! Previously a Bar. All the bar equipment is there and can be included. Think Tavern, Eatery, Coffee Shop, Ice Cream Parlor, or another Apartment! ! This area is looking for all types of Businesses! There are five rented units now (Four one bedroom and one three bedroom unit). All five units are month to month and tenant occupied. There are two units to be finished on the second floor for a total of 7 apartments units. The building has a newer Roof 2021, fully Insulated. Newer Furnaces, two are High Efficiency Furnaces. Four newer Hot Water Tanks in 2022\2023. Total Monthly Rent is $2900 a month. One tenant is the maintenance manager. There are four separate meters, two units at the end share one meter. Seller is paying all utilities. Call me for more details and information.

2348 E 28th Street, Lorain

Listing Courtesy of: Terri M Czarnecki, terriczarnecki@russellrealty.com With Russell Real Estate Services

Selling Office: House to Home Real Estate Professionals, LLC..

$5,000,000
4445383 MLS
Incredible opportunity to acquire a large, cash flowing portfolio in the west Cleveland submarket of Lorain! This portfolio consists of (92) livable units, (57) of which are single family rentals and (14) which are multifamily or multi-unit properties. At the ask price of $6,000,000, a buyer will acquire a stabilized portfolio at over an 8.5% cap rate with TONS of room of value-add upside. The portfolio is nearly 100% occupied currently, with a rent roll bringing in $80,000 per month! A savvy owner will take advantage of LMHA (Lorain County Metropolitan Housing Authority) rising rents and over time, significantly increase the gross rent roll upon lease trade outs and re-leasing to voucher holding tenants. In addition, there is significant opportunity to reduce owner paid utility expenses (with a focus on water/sewer) through installation of efficient fixtures, typically reducing annual water/sewer expense by 20%+. In doing so, an investor will achieve a scheduled rent roll of over $100,000 per month in income and reduction of expenses, significantly increasing the portfolio's value. The current owner has an office staff that does their property management and they would be willing to stay on if desired. Please reach out or see supplements for full Offering Memorandum.

2914 Seneca Avenue, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Keller Williams Classic Properties of Columbus.

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