Drema Davis
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206 W 29th Street, Lorain, OH 44055

$109,900
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New to the Market Status - Active
4BEDS 2 fullBATHS 1,456SQUARE FEET 5236389MLS# Morehouse & FostersSUBDIVISION Lorain CitySCHOOL

Home Value Estimate


Description

Investor opportunity at 206 W 29th St in Lorain! Section 8 tenant already in place paying $1,280/month on a one year lease through April 2027, providing immediate rental income and established occupancy. The property has seen recent cosmetic updates, including new flooring and appliances, along with a new sump pump. These updates provide a refreshed interior while maintaining the property's appeal as a rental investment. Great addition to an existing portfolio or an opportunity for a first-time investor looking for an income-producing property with a tenant and lease already in place. No showings until accepted offer.

Features

  • Wall Unit(s)
  • 1 Fireplace
  • Baseboard, Forced Air, Gas
  • 2.0 Stories
  • $1,164 / year Taxes
  • Public
  • Built in 1900

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