2500 E 32nd Street, Lorain, OH 44055
- $105,000
- 3
- BD
- 1
- BA
- 2,062
- SqFt
- Sold Price
- $105,000
- List Price
- $109,900
- Status
- CLOSED
- Days on Market
- 186
- Closing Date
- Dec 09, 2025
- MLS#
- 5129339
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1902
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 2,062
- Acres
- 0.13
- Subdivision
- Sheffield Land & Improv C
- Neighborhood
- Sheffield Land & Improv C
- MLS Area Major
- Lorain
Property Description
This solid 3-bed, 1-bath home is tenant-occupied through 12/31/25 at $1,350/month, offering immediate cash flow with potential long-term rental stability for investors. The current tenant is interested in staying beyond lease end. Major mechanicals have been updated: furnace mid-life and hot water tank (2021), vinyl windows throughout, and a mid-life roof and a detached garage. A standout feature is the large rear addition with a private entrance — currently used as a rec room, but offering flexible future potential. Located on a quiet residential street with off-street parking. Strong rental performer with low maintenance — ideal for buy-and-hold investors. Please reach out to co-list for additional photos. All information deemed reliable but not guaranteed — buyer to perform their own due diligence regarding condition, layout, and rental terms. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors!
Additional Information
- Taxes
- $2,097
- Property Description
- Colonial
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass, Shingle
- Parking Features
- Detached, Garage
- Garage Spaces
- 1
- School District
- Lorain CSD - 4709
Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty
Selling Office: RE/MAX Haven Realty.Mortgage Calculator
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