For Sale
$105,000

1010 34Th St Lorain, OH 44055

Renovated Duplex, Great Returns

Overview

Added:
Dec 11, 2024
Days on market:
134
This Lorain, Ohio duplex presents a compelling investment opportunity. Located at 1010 E 34th St, this 2-unit property, built in 1900, sits on a 0.15-acre lot and is currently listed at $105,000. Significant renovations are underway, enhancing its value and potential rental income. Exterior improvements include a new roof, gutters, and exterior doors. The property boasts a new hot water tank and furnace, along with new plumbing on the first floor. While the second-floor plumbing is roughed in, the first-floor bathroom has been completely remodeled. Electrical work is largely complete on the first floor and roughed in on the second. Further adding to its appeal, the basement has been waterproofed. This property offers a blend of completed upgrades and near-completion renovations, making it an attractive prospect for investors seeking a hands-on project with immediate return potential. The property's location in Lorain, Ohio, provides access to local amenities and a growing rental market. This is a chance to acquire a solid multifamily investment with significant value-add potential. The property's size and layout offer flexibility for various rental strategies. Don't miss this chance to capitalize on the Lorain real estate market.

Highlights

  • Lorain, Ohio duplex investment opportunity at 1010 E 34th St, listed at $105,000.
  • Significant renovations underway, including a new roof, gutters, exterior doors, hot water tank, and furnace.
  • First-floor plumbing and bathroom completely remodeled; first-floor electrical largely complete.
  • Second-floor plumbing roughed in, electrical roughed in, and basement waterproofed.
  • 0.15-acre lot, 2-unit property built in 1900.

Property Details for 1010 34Th St

Property type
Small apartment buildings
Year Built
1900
Lot Size (sq. ft)
6,534 SF
Units
2

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4392782
Longitude
-82.1544515

FAQs

What type of property is this?
Small apartment building - Renovated Duplex, Great Returns
Where is the small apartment building located?
The property is located at 1010 34Th St Lorain, OH.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Lorain, Ohio duplex investment opportunity at 1010 E 34th St, listed at $105,000.; Significant renovations underway, including a new roof, gutters, exterior doors, hot water tank, and furnace.; First-floor plumbing and bathroom completely remodeled; first-floor electrical largely complete.
How can I contact the broker?
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1010 34Th St
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