28
See all 28 photos
$115,000
Est. payment /mo
3 Beds
1 Bath
1,742 Sqft Lot
Active
223 W 16th ST Lorain, OH 44052
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Chamberlain
MLS Listing ID 5139835
Style Cape Cod
Bedrooms 3
Full Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,035
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Single Family Residence
Property Description
Investor-focused single-family rental in Lorain: 223 West 16th St is a 3-bed, 1-bath home leased at $1,350/month through July 2026, delivering immediate, predictable cash flow with a tenant in place. Located under 3 miles from Lake Erie with convenient access to Lakeside Landing, Oasis Marina, Lakeview Beach, Black River Landing, and Broadway/Old Town Charleston amenities, the property benefits from strong year-round rental demand and potential future short-term rental upside at lease end (if permitted). Solid cash-flowing asset with coastal-proximity demand drivers; showings by appointment only due to tenant occupancy.
Location
State OH
County Lorain
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Garage false
Private Pool No
Building
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-003-141-002
Listed by David L Sturgeon • Howard Hanna • davidsturgeon@howardhanna.com, 216-375-4486
Nearby Locations
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