2627 E 40 Street
Lorain, OH 44055
- 3 beds
- 2 baths
- – sqft
- 6,913 sqft lot
- 2004 build
- – on site
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Welcome to your dream location on a quiet cul-de-sac in Lorain. This beautifully updated 3-bedroom, 2- full bathroom residence offers an open floor plan. New roof and bathroom installed. This is perfect for the new investor looking to purchase their first rental or seasoned investor ready to add to their portfolio. Also a great retirement potential for the future with all rooms accessible on one floor. As you step inside, you’re greeted by a bright and spacious living area featuring large windows that fill the space with natural light. The open-concept layout seamlessly connects the living room to the dining area and kitchen making it perfect for entertaining friends and family. The kitchen boasts built in stainless steel appliances, plenty of counter space, and ample cabinetry, ensuring a delightful cooking experience. Three well-sized bedrooms provide flexibility for guests, a home office, or playroom. Outside, the expansive and open backyard is perfect for summer barbecues and gatherings. Located in a friendly neighborhood, this home is just minutes away from local parks, shopping, and dining options. Current long term tenant on a month to month lease, pay your mortgage payment with the monthly rent. Don’t miss out on this fantastic opportunity to own an immediate investment piece of Lorain! Or as another option seller is open to owner financing. Call for more info! Schedule your private showing today!
Last checked:
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Last updated Feb 19, 2025
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MLS# 5065659 —
The Building
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Year Built:2004
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Year Built Source:PublicRecords
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Construction Materials:VinylSiding
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Architectural Style:Ranch
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Levels:One
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Stories:1
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Roof:Asphalt,Fiberglass
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Basement:false
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Foundation:Slab
Interior
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Rooms Total:6
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Interior Features:HighCeilings,VaultedCeilings
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Fireplace:false
Room Dimensions
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Living Area Units:SquareFeet
Location
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Directions:East 42nd Street to Tacoma to East 40th
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Latitude:41.434679
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Longitude:-82.108612
The Property
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Parcel Number:03-00-079-105-008
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Size Acres:0.1587
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Lot Size Area:0.1587
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 384-1231
- Office phone:
- (888) 455-6040
Taxes
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Tax Year:2023
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Tax Legal Description:HOMEWOOD 2 39.27 X 176
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Tax Annual Amount:$1,399
Beds
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Bedrooms Total:3
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Main Level Bedrooms:3
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2
The Listing
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Listing Terms:Cash,Conventional
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Home Warranty:false
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:CentralAir,CeilingFans
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
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Laundry Features:MainLevel
Schools
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Elementary School District:Lorain CSD - 4709
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Middle School District:Lorain CSD - 4709
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High School District:Lorain CSD - 4709
The Community
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Subdivision Name:Homewood
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Pool Private:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:NoGarage,OnSite,ParkingPad,OnStreet
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/20/24
Dec 20, 2024
|
Sold | MLS_NOW | $142,400 | 5.5% |
|
10/7/24
Oct 7, 2024
|
Pending | MLS_NOW | $135,000 | |
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10/1/24
Oct 1, 2024
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Price Changed | MLS_NOW | $135,000 | -10.0% |
