1950 E 30th Street, Lorain, OH 44055

$140,000
3
BD
1
BA
1,632
SqFt

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List Price
$140,000
Status
ACTIVE
Style
Ranch
Stories
1
MLS#
5229337
Year Built
1957
Price Change
▼ $5,000 1784921938
Bedrooms
3
Bathrooms
1
Living Area
1,632
Region
Lorain
Township
Lorain
Subdivision / Building
Sheffield Land Companys Sub

Property Description

This cash-flowing ranch style home presents an excellent opportunity for investors looking to add a tenant-occupied property to their portfolio! The home features 3 bedrooms and 1 full bathroom, along with a spacious living room, a functional kitchen, and an adjoining dining area that provides a comfortable and practical layout. Recent renovations include a newer roof, vinyl windows, luxury vinyl plank flooring, updated interior doors, hardware, and hinges. The remodeled kitchen features attractive shaker-style cabinetry and granite countertops, while the updated bathroom adds to the home’s overall appeal. The basement provides additional storage space and offers potential for future improvements or added value. The property is currently tenant occupied and generates $1,325 per month in rental income, with the existing lease running through 12/11/2026, providing immediate and consistent cash flow for the next owner. Conveniently located in Lorain near Oakwood Park, the Black River, and I-90, the property also offers easy access to major roads, shopping, schools, restaurants, public transportation, and other local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! This updated, income-producing home is a solid investment opportunity with dependable rental income already in place. Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.

Additional Information

Taxes
$857
Acres
0.17
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air
Cooling
Central Air
School District
Lorain CSD - 4709

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

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