627 W 24th ST, Lorain, OH 44052
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike Ferrante

Mike Ferrante

+1(216) 373-7727
$ 103,000
Est. payment | /mo

3 Beds

1 Bath

7,840 Sqft Lot

Save
$ 103,000
Est. payment | /mo
Save

3 Beds

1 Bath

7,840 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision William A Braman Trustees 02

MLS Listing ID 5205338

Style Cape Cod

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1900

Annual Tax Amount $954

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Property Description

Stabilized rental with secured income at 627 W 24th St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,160 per month with a one-year lease in place through 6/12/26, providing dependable cash flow. The tenant is responsible for all utilities, helping to minimize operating expenses and support strong returns. The home features a functional layout with consistent rental appeal and is located in an area with steady demand. A reliable addition to a larger portfolio, this asset contributes stable income within a diversified, income-producing package.

Location

State OH

County Lorain

Rooms

Basement Other

Main Level Bedrooms 3

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Other

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Cape Cod

Level or Stories One

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-003-183-005

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

Schools and Properties Nearby

Mike Ferrante
Mike Ferrante

Broker Associate

+1(216) 373-7727 | mike@21mike.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mike Ferrante, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

627 W 24th ST