Home for Sale at 4 Forest Street in Elyria, OH for $64,900

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4 Forest Street | Elyria

$64,900 | 3 Beds | 2 Baths (1 Full, 1 Half) | 1,052 Sq. Ft.

Investment property with long-term stability and value-add potential. Currently occupied by a long-term tenant in good standing. Property is under-rented relative to market, providing an opportunity to improve NOI over time. Based on conservative market assumptions, future stabilized performance supports attractive cap-rate potential for buy-and-hold investors. Ideal for those seeking dependable occupancy today with upside through income optimization. Excellent location \u0026 views- near cascade falls. Do not disturb tenant. Showings by appointment only. MLSNow 5184914 Directions to property: South on Route 57 to Lorain Blvd, left on Lake Ave, left on Cascade St, right on Forest. Home is on the right. Parking in front of the house or across the street at the park.

MLS Listing ID: 
MLSNow 5184914
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$64,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Elyria
Address: 
4 Forest Street, Elyria, OH 44035
County: 
Lorain
Latitude: 
41.3718320
Longitude: 
-82.1098500
Directions: 
South on Route 57 to Lorain Blvd, left on Lake Ave, left on Cascade St, right on Forest. Home is on the right. Parking in front of the house or across the street at the park.
Public Remarks: 
Investment property with long-term stability and value-add potential. Currently occupied by a long-term tenant in good standing. Property is under-rented relative to market, providing an opportunity to improve NOI over time. Based on conservative market assumptions, future stabilized performance supports attractive cap-rate potential for buy-and-hold investors. Ideal for those seeking dependable occupancy today with upside through income optimization. Excellent location \u0026 views- near cascade falls. Do not disturb tenant. Showings by appointment only.
Community Information
School District: 
Elyria CSD - 4706
Building Details
Details about the building on a property.
Architectural Style: 
Conventional
Stories: 
2
Year Built: 
1900
Living Area: 
1,052
Basement: 
Full
Construction
Construction Materials: 
Aluminum Siding,Vinyl Siding
Roof: 
Metal
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
3
Total Bathrooms: 
2
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
1
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.04
Lot Size (Area): 
0.04
Lot Size (Dimensions): 
30x58
Lot Features
Parking Type: 
Off Street,On Street
Public Record
Parcel Number: 
06-26-094-103-026
Annual Tax: 
$1,188.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX First Realty, LLC

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