414 Independence Street, Fairport Harbor, OH 44077
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: breanna l tomajko
Office: platinum real estate
MLS#:5256681
Source:OH_NORMLS
Price summary
- Price:$255,000
- Price per sq. ft.:$156.25
About this home
Investment Opportunity in Fairport Harbor's Charming Beach Community – Income Producing Duplex with Future Expansion Potential!
Welcome to 414 Independence Street, an incredible opportunity to own a cash-flowing investment property in the heart of Fairport Harbor! Located in a desirable Lake Erie beach community, this well-maintained duplex offers immediate rental income with exciting potential for future growth.Currently generating $2,300 per month in gross rental income ($27,600 annually), this property features two occupied, spacious 2-bedroom, 1-bath units, each offering comfortable living spaces and access to basement laundry facilities. With a total of 4 bedrooms, 2 bathrooms, and 1,632 square feet of living space, this property is an attractive addition to any investment portfolio. But the real opportunity doesn't stop at two units! The unfinished third floor offers exciting possibilities for conversion into a potential third rental unit, creating an opportunity to transform this duplex into a triplex and increase its income-producing potential, subject to local zoning, permits, and necessary approvals. Additional highlights include a durable metal roof, detached 2-car garage, off-street parking, and basement storage. Situated in Fairport Harbor's charming lakeside community, residents can enjoy convenient access to Lake Erie beaches, local restaurants, shops, parks, and the relaxed coastal atmosphere that makes this neighborhood so special. Whether you're an experienced investor looking to expand your portfolio or a buyer interested in living in one unit while collecting rent from the other, 414 Independence Street offers immediate income, an appealing location, and room to grow! Don't miss your chance to invest in one of Lake County's charming beach communities. Schedule your showing today and explore the possibilities!...
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Home facts
- Year built:1929
- Listing ID #:5256681
- Added:1 day(s) ago
- Updated:October 30, 2026 at 01:45 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,632 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water, Radiators, Steam
Structure and exterior
- Roof:Metal
- Year built:1929
- Building area:1,632 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Wood Siding
- Levels:3 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$255,000
- Price per sq. ft.:$156.25
- Tax amount:$2,757 (2025)
Features and amenities
- Appliances:Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Detached, Driveway, Garage
- Garage:Yes
- Garage spaces:2
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