$99,999

About this home

Opportunity meets value in this updated 2-bedroom colonial located in Lorain! This move-in ready home offers 1,040 sq ft above grade plus a full basement, delivering both comfort and functionality at an affordable price point. Step inside to find fresh paint throughout and a bright, welcoming layout featuring a spacious living room, formal dining room, and an eat-in kitchen with newer cabinets and countertops that provide both style and practicality for everyday living. The second floor hosts two generously sized bedrooms and a full bath, creating a comfortable and efficient layout ideal for a variety of living situations. Major updates have already been completed, including a roof approximately 4 years old, windows just 3 years old, and a waterproofed basement with a new sump pump installed about 2 years ago—providing added confidence for the next owner. The full basement offers additional storage space and includes laundry, with washer and dryer staying, and the dryer currently electric but easily convertible to gas. Additional interior features include double-pane windows, ceiling fans, and forced air gas heating for year-round comfort. Outside, enjoy a covered front porch perfect for relaxing, along with a manageable yard and a storage shed for extra convenience. The lot offers a mix of open space and light landscaping, making maintenance simple while still allowing room to personalize. Located on a quiet street with sidewalks, street lights, and public utilities, this home is well-positioned near local amenities, shopping, and dining. With low annual taxes, this property presents an excellent opportunity for both owner-occupants and investors seeking a solid rental or portfolio addition. Whether you’re looking for an affordable place to call home or your next investment, this well-maintained and thoughtfully updated property is ready for its next chapter.

Highlights

Property details

MLS #

5190270

Property type

SingleFamilyResidence

Subdivision

David Wallace Add

Status

Active

Days on market

101

On market date

May 6, 2026

Stories

2

Garage spaces

N/A

Lot size

0.08 acres

Nearby schools

Within 10 miles · public school directory data (NCES)