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$69,500
132 Irondale Street, Elyria, OH 44035
3
Bedrooms
2
Bathrooms
2,631 sqft
Living area
0.11 acres
Lot size
0
Garage
3
Stories
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, you’ll 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. Don’t miss this opportunity!
Heating
Cooling
Parking
Basement
Construction
Patio & porch
132 Irondale Street, Elyria, OH 44035
Adjust the numbers to see what this home might cost each month.
Estimated monthly payment
$435
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.