BEDS3
BATHS1 full
SQUARE FEET1,024
MLS#5217023
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONHomewood
SCHOOLLorain City
Property Description
Add a cash-flowing asset to your portfolio with this occupied 3-bedroom, 1-bath ranch in Lorain. The property is currently rented for $1,355 per month with a long-term tenant in place and a lease secured through October 2027, providing immediate and reliable rental income. The home features a functional layout with a spacious living room and eat-in kitchen. Outside, a patio overlooks the large backyard, offering added appeal for tenants. Conveniently located near Helen Steiner Rice Elementary School and just minutes from Homewood Park, Days Dam Waterfall, and the Black River Reservation, the property offers easy access to outdoor recreation, walking trails, and green space. Nearby shopping, dining, and major roadways further enhance its desirability for tenants. Whether you're looking to expand your rental portfolio or acquire a property with established income, this investment opportunity offers stable cash flow and long-term income potential.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 1
Heating: Gas
Home Style: Ranch
Lot Size: 0.15 Acres
Roof Type: Asphalt, Asbestos Shingle, Fiberglass
Stories: 1.0
Taxes: $2,873 / year
Year Built: 1956
Feature Descriptions
Exterior: Aluminum Siding
Parcel#: 03-00-079-126-025
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lorain City
Listed By / Shown By
Listed By
Agency Name: Cleveland Property Management Group, LLC.
Agency Contact: rbaniya@clevelandpropertymanagement.com, 440-901-7145
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
Estimate Your Payment
Estimated Payment
$ 575.47 per month $297.11 Principal & Interest $239.42 Property Tax $38.94 Homeowner's Insurance
4217 Riverside Drive | MLS# 5217023
This single family home located at 4217 Riverside Drive , Lorain, OH 44055 is currently listed for sale with an asking price of $133,500. This property was built in 1956 and has 3 bedrooms and 1 full baths with 1024 sq. ft. Riverside Drive is located in the Homewood subdivision within the Lorain City school district. Search Homewood real estate on www.mcrealestateohio.com today.