OH > Lorain > Homewood
Lorain, OH 44055,3934 Gary AVE
Lorain, OH 44055,3934 Gary AVE
Lorain, OH 44055,3934 Gary AVE
50
See all 50 photos
$159,900
Est. payment /mo
Save
4 Beds
2 Baths
2,688 SqFt
New

3934 Gary AVE Lorain, OH 44055

Save
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
Wed
3
Sep
Thu
4
Sep
Fri
5
Sep
Bob Jackson

Bob Jackson

+1(304) 280-1242

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,688 sqft

Price per Sqft $59

Subdivision Homewood

MLS Listing ID 5143895

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,792

Year Built 1949

Annual Tax Amount $2,013

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

Welcome to 3934 Gary Avenue, a spacious duplex located in the Homewood subdivision of Lorain. This property offers an excellent opportunity for investors looking for steady rental income with strong long-term potential. Featuring two large units, each side offers approximately 1,344 square feet of comfortable living space with a practical layout. Every unit includes 2 bedrooms, 1 full bath, a sizable living room with hardwood floors, a functional kitchen, and access to a full private basement with laundry hookups and plenty of storage. Currently, both units are tenant-occupied on month-to-month leases, bringing in a combined monthly income of $1,700, making this a true turnkey investment. The home has been thoughtfully updated with a new roof in 2019, new furnaces in 2019, and energy-efficient systems that help reduce long-term maintenance costs. Tenants pay all utilities, including gas, electric, water, sewer, & trash, while the owner is only responsible for property taxes, which helps keep operating expenses low. Both units feature wood flooring in bedrooms and living areas, vinyl flooring in the bathrooms, and glass block windows in the basements for natural light and durability. Outside, the home has vinyl siding, a full covered front porch, a long paved driveway offering off-street parking, and additional street parking for convenience. The backyard is generously sized, partially fenced, landscaped, and includes a storage shed, providing outdoor space & functionality. With unfinished basements for each unit, there is ample room for storage or potential to enhance for future value. Located close to shopping, restaurants, schools, and major highways, the property is well-positioned to attract consistent rental demand. With reliable income, separate utilities, and key updates already in place, this duplex is a fantastic addition to any portfolio. Don't miss your chance to own a solid, income-producing property in Lorain with room for growth and long-term returns!

Location

State OH

County Lorain

Community Curbs, Street Lights, Sidewalks

Rooms

Basement Full, Concrete, Unfinished, Sump Pump

Interior

Interior Features Eat-in Kitchen

Heating Forced Air, Gas

Cooling None, Wall/Window Unit(s)

Fireplace No

Appliance Range, Refrigerator

Laundry Washer Hookup, Electric Dryer Hookup, In Basement, Lower Level, Laundry Tub, Sink

Exterior

Exterior Feature Storage

Parking Features Driveway, No Garage, Outside, Paved, On Street

Fence Partial, Wood

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

Water Access Desc Public

View City Lights, City, Neighborhood

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description < 1/2 Acre, Back Yard, Cleared, Front Yard, Landscaped, Few Trees

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Lorain Csd - 4709

Others

Tax ID 03-00-099-115-022

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Majdey Taye • RE/MAX Transitions • TheTayeGroup@gmail.com, 440-454-2456

GET MORE INFORMATION

agent

Bob Jackson

Agent | License ID: 2012001434,WV0028109

+1(304) 280-1242

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Bob Jackson, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

3934 Gary AVE

QUICK SEARCH