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$99,900 (USD)
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Lorain Area Multi-Family Home

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1813 Lexington Avenue Lorain, OH 44052

7 Bed
2 Baths
3225 sqft
MLS# 5210547
Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent
Listing Courtesy of YES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty
$99,500 (USD)
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Parkwood Area Multi-Family Home

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840 Work Drive Akron, OH 44320

5 Bed
3 Baths
2880 sqft
MLS# 5212248
Attention investors & owner-occupied buyers looking for an affordable duplex opportunity w/immediate income potential! Units have been remodeled & is currently rented to an excellent long-term tenant for $875 per month, while the vacant first-floor unit offers the opportunity for owner occupancy or additional rental cash flow after a few minor updates. Perfect first investment property or a great addition to your current portfolio. Professionally managed property has been part of the owner’s real estate portfolio for over 20 years and offers quality updates throughout, a fenced yard, large driveway with ample parking and a relaxing front porch. First-floor unit is easy to show and features 2 bedrooms, spacious light-filled rooms & solid overall condition, but does need some cosmetic updates from a prior minor plumbing leak. Occupied second-floounit shows beautifully & offers 2 finished levels w/3 bedrooms & 2 full baths, creating excellent rental appeal & strong long-term income potential. Full basement provides additional storage and utility space. Excellent opportunity for investors seeking stable income w/upside potential or owner-occupants looking to offset their mortgage with rental income. Affordable pricing makes this a smart investment in today’s market. First-floor unit available for showings. Second-floor tenant-occupied unit may be shown after accepted offer. No wholesalers, no owner financing and qualified buyers only please.
Listing Courtesy of YES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty
$95,500 (USD)
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Jd Chambers Allotment Area Single Family Home

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1639 Delmont Avenue East Cleveland, OH 44112

3 Bed
1 Baths
1908 sqft
MLS# 5195099
ATTENTION INVESTORS! Turnkey, nicely remodeled vinyl-sided colonial located in the heart of a rapidly trending area with strong rental demand and long-term appreciation potential. Tenant-occupied with a quality renter paying $1,325 per month on a month-to-month lease, offering immediate cash flow w/flexibility. Tenant would like to remain.Situated on a quiet street w/vacant lot to one side, property offers added privacy & unique setting. Don’t miss this opportunity to own a beautifully updated home in the midst of East Cleveland’s ongoing revitalization, including nearby development projects such as the Euclid Superior Adult Activity Center, Circle East project, Mickey Building redevelopment, & continued neighborhood improvements. Home has been thoughtfully renovated w/numerous updates, including a newer roof (believe 2023), new vinyl siding, updated electrical, newer plumbing, & new furnace H20 tank (2021). Interior features include gleaming hardwood floors, a beautiful fireplace, and bay windows in both the living room and master bedroom, creating a light-filled and inviting space. Updated kitchen includes newer cabinetry, & bathroom astefully improved. Additional updates include some newer windows (some wood windows) & new doors. Strong location, solid updates, & reliable tenant make this an excellent addition to any investment portfolio. No showings until accepted offer (more photos coming). Do not disturb tenant. No wholesalers. No owner financing.
Listing Courtesy of YES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty