About This Home
This 3-bedroom, 2-bathroom single family at 3175 Caroline Avenue in Lorain, OH is listed for $89,900 ($87 per sqft). Built in 1900, the home offers 1,030 sqft of living space on a 0.09 acres lot.
Key Features
- Built in 1900
- 0.09 acre lot
- 2 stories
Property Details
Amenities
Turnkey investment opportunity on Lorain's east side. This 3-bedroom, 1-bath single-family home offers approx. 1,030 sq ft and is currently tenant-occupied at $982/month, so you'll have cash flow from day one with no vacancy or make-ready costs. The current rent leaves room to grow: comparable 3-bedroom homes in the area are renting well above that figure, which gives a new owner clear upside at lease renewal.
It works well as a first rental or as an addition to an existing Lorain County portfolio, with steady rental demand and an accessible price point. Showings by appointment only with 24 hour notice
Monthly Cost Estimate
$481/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3175 Caroline Avenue
Lorain, OH 44055
Stecks 10 Ave Allotment
Property Details
Construction
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 3175 Caroline Avenue is listed at $89,900 ($87/sqft). The estimated monthly payment is $481 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.09 acre lot, 2 stories.
This property is listed by Daniel Josselson and can be reached at 2163170838.
