About This Home
This 3-bedroom, 1-bathroom single family at 1950 E 30th Street in Lorain, OH is listed for $145,000 ($89 per sqft). Built in 1957, the home offers 1,632 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1957
- 0.17 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$775/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1950 E 30th Street
Lorain, OH 44055
Sheffield Land Companys Sub
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1950 E 30th Street is listed at $145,000 ($89/sqft). The estimated monthly payment is $775 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1957, 0.17 acre lot.
This property is listed by Michael Azzam and can be reached at 2164467606.
