1336 Lakeview Avenue Lorain, OH $60,000

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1336 Lakeview Avenue | Lorain

$60,000 | 2 Beds | 1 Baths (1 Full) | 709 Sq. Ft.

Here is your chance to become a real estate investor overnight! This 2-bedroom, 1-bath home in Lorain offers an excellent opportunity to generate immediate rental income in a convenient location near schools, shopping, dining, and major roadways. Built in 1930, the property retains its charming original wood windows while featuring newer LVP flooring throughout the living room, dining room, hallway, bathroom, and bedrooms\u2014reducing immediate maintenance needs. The fully fenced backyard provides privacy and tenant appeal, with additional value-add potential for investors through the addition of a detached garage or outdoor improvements. The basement is equipped with glass block windows and an updated hot water tank (2024), enhancing the property\u2019s functionality and value. Currently tenant-occupied at $950/month on a month-to-month lease, with tenants responsible for all utilities and expenses, this property delivers immediate cash flow with minimal landlord involvement. Sold as-is, it\u2019s perfect for investors seeking a turnkey rental or a stable income property in a solid rental market. Full-service property management available with dedicated departments for leasing, marketing, and tenant communication\u2014ideal for remote investors! Reach out to learn more! MLSNow 5165323 Directions to property: Off of Grand Army of the Republic Hwy, between Madison Ave and N Leavitt Rd

MLS Listing ID: 
MLSNow 5165323
Listing Category: 
Purchase
Community Information
School District: 
Lorain CSD - 4709
Subdivision: 
Lake View Allotment
Building Details
Details about the building on a property.
Architectural Style: 
Ranch
Stories: 
1
Year Built: 
1930
Living Area: 
709
Basement: 
Full
Construction
Construction Materials: 
Aluminum Siding
Roof: 
Asphalt,Shingle
Room Details
Details about the rooms in the building.
Total Rooms: 
4
Total Bedrooms: 
2
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Other
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Parking Type: 
Driveway
Fence: 
Full
Public Record
Parcel Number: 
02-02-023-105-035
Annual Tax: 
$1,007.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
10/16/2025
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Michael Azzam
Listing Office Name: 
RE/MAX Haven Realty

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