About This Home

This 3-bedroom, 1-bathroom single family at 1128 W 19th Street in Lorain, OH is listed for $54,900 ($62 per sqft). Built in 1900, the home offers 882 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1900
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
1 full
1900
Listing Description

INVESTOR OPPORTUNITY! An excellent addition to any rental portfolio at an affordable price of just $54,900! This 3-bedroom, 1-bath property offers immediate rental income with a long-term tenant currently paying $800 per month who would love to stay! Generating $9,600 in annual gross rental income, this property offers an attractive 17.5% gross annual rental yield at the asking price.

Enjoy the advantage of an established tenant, eliminating the immediate need to find a new renter. Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this is a fantastic opportunity to acquire an income-producing property at an exceptional price point. Don't miss your chance to secure this affordable investment with rental income already in place!

Monthly Cost Estimate

$294/mo

20% down · 6.5% · 30 years

Principal$40
Interest$238
Insurance$16

Estimates only. Actual payments may vary.

Location

1128 W 19th Street

Lorain, OH 44052

W B Thompson Trustee Add 02

Property Details

Construction

AluminumSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1128 W 19th Street is listed at $54,900 ($62/sqft). The estimated monthly payment is $294 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.11 acre lot, 2 stories.

This property is listed by Patrick Pellerite.

PP

Patrick Pellerite

License 2020008912

Agent at Russell Real Estate Services

Listed by Russell Real Estate Services · Broker phone: (440) 268-9491 · View on Broker Site · Broker website

MLS# 5255872· Source: MLS Now· 3 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1128 W 19th Street, Lorain, OH 44052

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