1653 E 31st ST Pending Save Request In-Person Tour Request Virtual Tour
Lorain,OH 44055
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $29
Subdivision Sheffield Land Co
MLS Listing ID 5113990
Bedrooms 6
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,288
Year Built 1975
Annual Tax Amount $1,611
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Duplex
Property Description
Investment Opportunity in Lorain! Spacious 3-Bedroom Duplex with Strong Rental Potential
Don't miss this excellent investment opportunity in Lorain! This duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and an additional toilet in the utility/laundry room—a rare bonus for added convenience. Each unit is 1,144 sq ft, providing plenty of living space, and both are all-electric with separate electric services, giving tenants control of their own utilities.
With a little TLC, this property has amazing rental income potential—perfect for a handyman, first-time investor, or seasoned pro looking to expand their portfolio.
Conveniently located near schools and just minutes from highways, downtown Lorain, restaurants, beaches, marinas, and parks, this property offers easy access to the area's best amenities—making it highly attractive to potential renters.
Whether you're looking to live in one unit and rent out the other, or rent out both for consistent cash flow, this is a solid investment you won't want to miss!
Location
State OH
County Lorain
Rooms
Basement Full,Finished
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Lorain Csd - 4709
Others
Tax ID 03-00-096-103-035
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard