$79,900

FOR SALE

132 Irondale Street

Elyria, Oh, 44035

MLS #5208107

Subdivision: -

Building: -

3 Beds

2/- Baths

2631 sqft

$ 30.37 /sqft

Property Details

Attention investors & owner-occupant buyers looking for a value-add opportunity! Vacant, easy to show, & ready for immediate occupancy, this spacious 4-bedroom, 2 full bath colonial offers excellent potential at an affordable price point. Home features a full bath on each level for added convenience, full basement, walk-up third-floor attic providing excellent storage or future expansion possibilities. Aluminum-sided exterior includes upgraded vinyl windows plus welcoming front porch, all situated on a quiet street in an investor-friendly city known for low property taxes and strong Section 8 rental/straight rent demand. Inside, youll find generous room sizes, some hardwood flooring for durability & charm, flexible floor plan ideal for both homeowners and tenants. A partially fenced backyard adds additional appeal for outdoor enjoyment. Foreclosure property is being sold as-is but already includes decent mechanical updates, including an upgraded electrical panel, newer hot water tank, & furnace that appears to be in good condition. First-floor bathroom may need flooring, and a few cosmetic improvements throughout could significantly enhance value and rental potential. Average rents for 4-bedroom, 2-bath homes in the area support strong cash flow, making this a smart addition to any investment portfolio or an affordable owner-occupied purchase with upside potential. Property will not qualify for FHA or VA financing. Dont miss this opportunity!

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1900
Cooling
None
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
AluminumSiding
Security
-
Heating
Gas
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Detached,Garage,Paved
Application Fee
-
Water Access
-
Pool
No
Gated Community
Partial
Status
Active
Listing Office
Coldwell Banker Schmidt Realty

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Listing Courtesy of: Coldwell Banker Schmidt Realty