2044 E 29th StreetLorain, OH 44055

Description

Excellent investment opportunity! This spacious 4-bedroom, 1-bath single-family home is a turnkey addition to any rental portfolio. Currently tenant-occupied and generating $1,800 per month in rental income, providing immediate cash flow from day one. The property offers a functional floor plan with generous living space and strong rental appeal in an established Lorain neighborhood. This property presents a great opportunity for both seasoned investors and those looking to expand their real estate holdings. With stable tenancy already in place, buyers can avoid vacancy and leasing costs while benefiting from consistent income. Conveniently located near schools, parks, shopping, dining, and highway access, supporting long-term tenant demand. Whether you're seeking a cash-flowing asset, a portfolio addition, or a buy-and-hold investment with future appreciation potential, this income-producing property is worth a closer look.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Colonial

Year built

1900

Lot size

0.16 acres

Garage spaces

2

Days on market

118

MLS^® Listing#

5216471

Property Features

Appliances

Range · Refrigerator

Cooling

Central Air

Heating

Natural Gas

Basement

Full

Parking

Detached · Garage

Construction

Vinyl Siding

Roof

Other

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$1,085Tax year 2025

Parcel number

03-00-094-102-002

Directions

From Grove Ave., turn left onto East 29th Street