$135,000

About this home

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.

Property details

MLS #

5229337

Property type

SingleFamilyResidence

Subdivision

Sheffield Land Companys Sub

Status

Active

Days on market

16

On market date

July 21, 2026

Stories

1

Garage spaces

N/A

Lot size

0.17 acres

Nearby schools

Within 10 miles · public school directory data (NCES)