Attention investors! Don't miss this affordable cash-flow opportunity in a high-demand rental area. Spacious duplex offers a total of 5 bedrooms, 3 full baths, & three finished levels, making it an excellent addition to any investment portfolio w/outstanding income potential. First & second floors each feature comfortable, well-designed 2-bedroom, 1-bath units w/functional layouts that appeal to a wide range of tenants. Second-floor unit is currently tenant occupied (paying $1000 per month, lease up 7/31/26 but would like to remain), providing immediate rental income, while the first-floor unit & finished third floor are vacant, offering the flexibility to set your own rents & maximize returns or owner occupy one unit. Finished third floor includes an additional full bath and provides excellent potential for expanded living space or additional rental possibilities. Located in an investor-friendly area w/strong rental demand, this property is well suited for traditional market-rate tenants or Section 8 housing. Overall, the property is in average condition and offers a straightforward value-add opportunity with only minor updates needed, making it an easy turnkey investment w/significant upside. Vacant areas may be shown but occupied unit only after an accepted offer. Please do not disturb the tenant. No wholesaling, no owner financing. A great opportunity for investors seeking immediate cash flow and long-term appreciation at an affordable price! Act quickly—opportunities like this don't last.
3 days
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862
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97
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Zillow last checked:
Listing updated:
Listed by:
Christopher A Frederick216-210-7653thefrederickteam@gmail.com,
Coldwell Banker Schmidt Realty,
Michele L Frederick440-567-8814,
Coldwell Banker Schmidt Realty
Source: MLS Now,MLS#: 5229252Originating MLS: Lorain County Association Of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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