2505 Elyria Ave

Lorain OH 44055

0.11 ac.

Single-Family

Currently for sale - view listing

Overview

Opportunity awaits with this spacious 5-bedroom, 2-bath home offering an incredible amount of space and potential. This property is a great opportunity for an investor, contractor, or family looking for a large home to make their own. The property is currently listed with the county as a duplex, although the home is presently laid out and being used as a single-family residence. With the proper work and modifications, there is potential to convert the property back into a duplex, providing an excellent opportunity for an investor or someone looking for additional income potential. Buyers should verify zoning, permitting, and conversion requirements with the appropriate local authorities. The home does need a moderate amount of work, but several projects have already been started. The main bathroom renovation is underway and is just short of the finishing touches, including tile and a vanity. All of the materials that were already purchased for the bathroom are being left with the home. The basement is partially finished and includes a bathroom, providing additional space and potential for the new owner. The property also includes a refrigerator, stove, washer, and dryer. These appliances were relatively new and in working condition and have been left at the property. With 5 bedrooms, 2 bathrooms, a large layout, duplex potential, and plenty of room to customize, this property offers numerous possibilities. Whether you're an investor looking for your next project or a family looking for a large home with room to grow, this property is worth a look. Property is being sold as-is.

Features

5 bedrooms

3 bathrooms

0.11 ac. lot size

Single-Family

Property history for 2505 Elyria Ave

2024

Sold

$119,000

06 Nov 2024 by Richard Kropf, of Russell Real Estate Services

2015

Sold

$11,000

26 Mar 2015 by John Lynch, of Keller Williams Citywide

Happy sellers in Lorain

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