124 Cornell Avenue, Elyria, OH 44035

$99,900
4
BD
2
BA
2,124
SqFt

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List Price
$99,900
Status
ACTIVE
Style
Colonial
Stories
2
MLS#
5230304
Year Built
1920
Bedrooms
4
Bathrooms
2
Half-baths
1
Living Area
2,124
Region
Elyria
Township
Elyria
Subdivision / Building
Eastern Heights Land Co Sub #

Property Description

Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!

Additional Information

Taxes
$1,306
Acres
0.15
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Garage Spaces
2
Heating
Forced Air, Gas
Cooling
None
School District
Elyria CSD - 4706

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Calculator source: Real Geeks

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

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