2500 E 32nd Street, Lorain, OH 44055
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:michael azzam
Office:re/max haven realty
MLS#:5129339
Source:OH_NORMLS
Price summary
- Price:$114,900
- Price per sq. ft.:$55.72
About this home
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!
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Home facts
- Year built:1902
- Listing ID #:5129339
- Added:116 day(s) ago
- Updated:October 01, 2025 at 02:15 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:2,062 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass, Shingle
- Year built:1902
- Building area:2,062 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$114,900
- Price per sq. ft.:$55.72
- Tax amount:$2,097 (2024)
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