1813 Lexington AVE, Lorain, OH 44052
1813 Lexington AVE, Lorain, OH 44052
1813 Lexington AVE, Lorain, OH 44052
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$109,500
Est. payment /mo
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7 Beds
2 Baths
3,225 SqFt
New

1813 Lexington AVE Lorain, OH 44052

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Andrew Brenner

Andrew Brenner

+1(740) 816-9339

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Key Details

Property Type Single Family Home

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,225 sqft

Price per Sqft $33

MLS Listing ID 5210547

Bedrooms 7

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,204

Total Fin. Sqft 3225

Year Built 1900

Annual Tax Amount $1,138

Tax Year 2025

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Duplex

Property Description

Unique 2-family investment opportunity offering exceptional income potential/Also perfect for owner occupied use! Spacious vinyl-sided duplex features a total of 7 bedrooms/2 full baths w/flexible layout consisting of 3-bedroom, 1-bath main floor unit plus 4-bedroom, 1-bath second-floor unit. Situated on quiet street w/2 separate driveways, partially fenced yard & separate entrances for each unit, includes welcoming porch for one of the units. Property will be delivered vacant at closing, making it ideal for owner occupancy or for investors looking to maximize rental income. Second-floor unit complete & owner-occupied, while main-floor unit requires some finishing work, allowing the new owner to add value/build equity. Laundry has been conveniently added to each floor. Property appears to feature 2 furnaces, separate gas service & 2 updated electrical boxes, w/one hot water tank currently servicing the property. Affordably priced to allow for completion of remaining improvements while creating strong cash flow potential. High bedroom count makes this a desirable rental opportunity with excellent income possibilities for traditional or Section 8 tenants. Perfect addition to a growing portfolio or ideal for an owner-occupant looking to offset living expenses with rental income. Being sold as-is. Cash, hard money or DSCR financing only. Investment-friendly city with strong rental demand and excellent

Location

State OH

County Lorain

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Laundry Main Level, Upper Level

Exterior

Parking Features No Garage, Paved

Fence Fenced, Partial

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-003-154-005

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653

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Andrew Brenner

Andrew Brenner

Team Leader

+1(740) 816-9339

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1813 Lexington AVE