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$159,900
Listing Price4beds
2baths
1,792sqft
7,405sqft lot
3934 Gary Ave, Lorain, OH 44055
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
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For Sale
Home type
Price / sqft
Year built
Home Details
Welcome to 3934 Gary Avenue, a spacious duplex located in the Homewood subdivision of Lorain. This property offers an excellent opportunity for investors looking for steady rental income with strong long-term potential. Featuring two large units, each side offers approximately 1,344 square feet of comfortable living space with a practical layout. Every unit includes 2 bedrooms, 1 full bath, a sizable living room with hardwood floors, a functional kitchen, and access to a full private basement with laundry hookups and plenty of storage. Currently, both units are tenant-occupied on month-to-month leases, bringing in a combined monthly income of $1,500, making this a true turnkey investment. The home has been thoughtfully updated with a new roof in 2019, new furnaces in 2019, and energy-efficient systems that help reduce long-term maintenance costs. Tenants pay all utilities, including gas, electric, water, sewer, & trash, while the owner is only responsible for property taxes, which helps keep operating expenses low. Both units feature wood flooring in bedrooms and living areas, vinyl flooring in the bathrooms, and glass block windows in the basements for natural light and durability. Outside, the home has vinyl siding, a full covered front porch, a long paved driveway offering off-street parking, and additional street parking for convenience. The backyard is generously sized, partially fenced, landscaped, and includes a storage shed, providing outdoor space & functionality. Wi
Interior Details
1792
4
2
Has Heating:
Yes
Heating Type:
Baseboard
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Full
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7405
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Multifamily
Aluminum/vinyl
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,471
$4,176
$20,360
--%
$24,536
2018
$1,472
$4,176
$20,360
--%
$24,536
2017
$1,590
$4,872
$20,118
--%
$24,990
2016
$1,577
$4,872
$20,118
--%
$24,990
2015
$1,490
$4,872
$20,118
--%
$24,990
2013
$1,412
$4,662
$19,250
--%
$23,912
2011
$1,107
$4,130
$19,600
--%
$23,730
Average Home Price in 44055
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