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$25,000
Est. payment /mo
3 Beds
2 Baths
1,591 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $15
MLS Listing ID 5124518
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,591
Year Built 1900
Annual Tax Amount $1,130
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Duplex
Property Description
Attention All CASH Investors! Incredible rehab opportunity awaits with this duplex in an investment-friendly city known for high rental demand and a strong Section 8 market. This two-family home features a 2-bedroom, 1-bath unit on the first floor and a spacious 1-bedroom, 1-bath unit on the second floor—perfect for a value-add project with serious income potential. Both units offer comfortable, tenant-friendly floor plans and a full basement provides added storage or potential shared laundry space. While this property needs significant repair, it has strong bones and some prior updates, including vinyl windows. Located on a street of well-kept homes, close to local attractions and highways, this home offers great long-term upside once renovated. Whether you're looking to flip, hold as a cash-flowing rental, or create affordable housing, the possibilities are here.
Cash-only sale—no wholesalers, no owner financing, and being sold strictly as-is. Priced for a quick sale and easy to show with notice. Don't miss your chance to build value in a solid location with strong rental upside!
Cash-only sale—no wholesalers, no owner financing, and being sold strictly as-is. Priced for a quick sale and easy to show with notice. Don't miss your chance to build value in a solid location with strong rental upside!
Location
State OH
County Lorain
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Slate
Private Pool No
Building
Sewer Private Sewer
Water Public
Level or Stories Two
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-26-023-101-002
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Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com 216-210-7653