1336 Lakeview AVE new Save Request In-Person Tour Request Virtual Tour
Lorain,OH 44053
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 709 sqft
Price per Sqft $84
Subdivision Lake View Allotment
MLS Listing ID 5165323
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 709
Year Built 1930
Annual Tax Amount $1,007
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Single Family Residence
Stories One and One Half,One
Story One and One Half,One
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!
Location
State OH
County Lorain
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Other
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway
Fence Full
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One and One Half,One
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-02-023-105-035
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional