4217 Riverside Drive, Lorain, OH 44055 (MLS # 5217023)

Price $133,500
Status Active
Beds 3
Baths 1 Bath
Home size 1,024 sqft
Lot Size 6,534 sqft
Days on Market 3
Add a cash-flowing asset to your portfolio with this occupied 3-bedroom, 1-bath ranch in Lorain. The property is currently rented for $1,355 per month with a long-term tenant in place and a lease secured through October 2027, providing immediate and reliable rental income. The home features a functional layout with a spacious living room and eat-in kitchen. Outside, a patio overlooks the large backyard, offering added appeal for tenants. Conveniently located near Helen Steiner Rice Elementary School and just minutes from Homewood Park, Days Dam Waterfall, and the Black River Reservation, the property offers easy access to outdoor recreation, walking trails, and green space. Nearby shopping, dining, and major roadways further enhance its desirability for tenants. Whether you're looking to expand your rental portfolio or acquire a property with established income, this investment opportunity offers stable cash flow and long-term income potential.
Property Type(s): Single Family
Last Updated 6/8/2026 Tract Homewood
Year Built 1956 Garage Spaces 1.0
County Lorain

Additional Details

AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Aluminum Siding
GARAGE Yes
HEAT Natural Gas
LOT 6534 sq ft
PARKING Detached, Garage
SEWER Public Sewer
STORIES 1
STYLE Ranch
SUBDIVISION Homewood
TAXES 2873
WATER Public

Location

 

Contact us about this Property

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Listing provided by: Rakesh Baniya | 440-901-7145, Cleveland Property Management Group, LLC., rbaniya@clevelandpropertymanagement.com, 440-901-7145

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 6/9/26 4:55 PM PDT


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