With its prime location and solid construction, this property holds tremendous potential for growth and profitability. Whether you're looking to expand your rental portfolio or embark on a renovation project, this property offers endless possibilities. There are 4 bedrooms and one full bathroom. The kitchen has so much potential and currently provides ample cabinet and counter space. In unit laundry can be found on the lower level which also provides storage space. The unfinished area on the third level could easily be finished to add additional living space. This property provides a high cap rate at the purchase price - and so much potential to adding more value. All Appliances to remain with the unit. Don't miss this one! All information deemed accurate - buyer to do their own due diligence.
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The average household income in
Lorain, OH
grew
from
$35,753
to
$36,139
in the past year. This data is an estimate based upon
25,330
households in
Lorain, OH. The chart below presents how household income is distributed in
Lorain, OH
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Lorain, OH
compared to median property taxes around the country. The prevalent amount of property taxes in
Lorain, OH
equals
$800-$1,500
, which is
less
than the national average.