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$155,000
New Listing

508 W 23rd Street
Lorain, OH 44052

For Sale|Duplex|Active
4
Beds
2
Total Baths
2
Full Baths
2,274
SqFt
$68
/SqFt
1900
Built
Subdivision:
Hogan
County:
Lorain
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
508 W 23rd Street508 W 23rd Street508 W 23rd Street508 W 23rd Street
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Excellent income-producing investment opportunity OR homeowner opportunity. The upstairs tenant will be moving out next month. The property currently is receiving $1,750. The home features two units with strong rent: the upper unit is currently occupied paying $900 up-to date with rent, while the lower unit is occupied by a tenant and also up to date on rent $850. And ALL appliances will stay with the unit: including stove, refrigerator, washer, and dryer. The exterior has been updated with newer vinyl siding, newer roof, and vinyl windows, enhancing both durability and curb appeal. Inside you'll find newer flooring throughout, newer kitchens, and newer bathrooms. Major mechanical updates include two newer hot water tanks (2020) and a newer furnace, offering added peace of mind. Each unit offers a bright and inviting interior with abundant natural light, complemented by some updated flooring and fresh paint. The upper unit includes a private balcony, while the lower unit features covered porches. A spacious backyard with a storage shed provides additional outdoor functionality. With each unit having in-unit laundry area. The basement includes a laundry connection, currently not in use but offering future value-add potential. Situated on a quiet side street, the property has previously qualified for Section 8. Property is easy to show, call your realtor to schedule.

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Listing Snapshot
Price 
$155,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,274 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1900
MLS® Number 
5195958
Status 
Active
Property Tax 
$1,170
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing first seen on site
20 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.17
Levels 
One and One Half
Parking 
DrivewayNo Garage
Property Condition 
Updated/Remodeled
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1516
SqFt Below 
758
Water Source 
Public
Interior Features
Appliances 
DryerRangeRefrigeratorWasher
Basement 
Exterior EntryFull
Heating 
Forced Air
Laundry Features 
Main LevelIn UnitMultiple LocationsUpper Level
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
AsphaltFiberglassShingle
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
School District 
Lorain CSD - 4709
Township 
Lorain
Schools
School District
Lorain CSD - 4709
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Angie Lopez of Keller Williams Citywide



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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