1259 E Erie AVE Lorain, OH 44052
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,406 sqft
Price per Sqft $92
Subdivision Greggs Add
MLS Listing ID 5116891
Bedrooms 5
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,406
Total Fin. Sqft 1406
Year Built 1900
Annual Tax Amount $2,015
Tax Year 2024
Contingent Other See Remarks
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Duplex
Property Description
Calling all investors and vacation rental visionaries! 1259 E Erie Ave., Lorain, OH is your chance to own a duplex on the lake side of the street with rare private beach access – and tons of potential to build equity.
This property features two separate units, ready for your updates and personal touch:
First-floor unit: 2 bedrooms, 1 bathroom
Second-floor unit: 3 bedrooms, 1 bathroom
Both units offer spacious layouts and fantastic income potential, whether you're targeting long-term tenants or short-term vacationers looking for lakefront charm. With a bit of updating, this property could become a true standout in the Lorain rental market.
Just steps from the shores of Lake Erie, this location is a strong draw for renters and vacationers alike. Add value through renovations and take advantage of the growing demand for affordable lakefront rentals.
This is the kind of investment where vision meets opportunity – don't miss your chance to create cash flow and equity in one of Lorain's most desirable settings!
Location
State OH
County Lorain
Community Lake
Direction South
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Community Features Lake
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Private Pool No
Building
Faces South
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-00-051-101-042
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard