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132 Irondale Street

Elyria, OH 44035

$69,500 $293/Mo

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Overview

Bed

Bath

2,631

Sqft

0.11

Acre(Lot)

Description

Attention investors & owner-occupant buyers looking for a value-add opportunity! Vacant, easy to show, & ready for immediate occupancy, this spacious 4-bedroom, 2 full bath colonial offers excellent potential at an affordable price point. Home features a full bath on each level for added convenience, full basement, walk-up third-floor attic providing excellent storage or future expansion possibilities. Aluminum-sided exterior includes upgraded vinyl windows plus welcoming front porch, all situated on a quiet street in an investor-friendly city known for low property taxes and strong Section 8 rental/straight rent demand. Inside, you’ll find generous room sizes, some hardwood flooring for durability & charm, flexible floor plan ideal for both homeowners and tenants. A partially fenced ba ckyard adds additional appeal for outdoor enjoyment. Foreclosure property is being sold as-is but already includes decent mechanical updates, including an upgraded electrical panel, newer hot water tank, & furnace that appears to be in good condition. First-floor bathroom may need flooring, and a few cosmetic improvements throughout could significantly enhance value and rental potential. Average rents for 4-bedroom, 2-bath homes in the area support strong cash flow, making this a smart addition to any investment portfolio or an affordable owner-occupied purchase with upside potential. Property will not qualify for FHA or VA financing. Don’t miss this opportunity!

Property Details

Property Type : Residential

Price : $69,500

AD Id : 79467537

MLS Id : 5208107

Beds : 3

Lot Size : 0.11 Acre

Living Area Size : 2,631

Tax Amount : 1730.00

Year Built : 1900

County : Lorain

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 6 Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Laundry Features: In Basement
Heating & Cooling

Has Heating: Yes Heating: Natural Gas Cooling: None

Building Information

Year Built: 1900 Construction Materials: Aluminum Siding Stories: 3 Patio And Porch Features: Porch Private Pool: No

Lot Information

Lot Dimensions: 40 x 120 Main Square Feet: 0.11 Acres Lot Size Acres: 0.11 Lot Size Source: Public Records

Listing Price Information

Listing Price: $69500 Original Price: $79900

Tax Information

Parcel Number: 06-24-010-105-014 Tax Year: 2025 Annual Tax: $1730

Parking Information

Detached, Garage, Paved

Location Information

Direction: on irondale WaterSource: Public

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