4217 Riverside Drive | Lorain
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\u0027re 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. MLSNow 5217023 Directions to property: Leavitt Rd to Meister Rd, north on Riverside Dr. Property on right.
All information is believed to be reliable, but is not guaranteed and should be independently verified with a real estate professional. Agency Real Estate is a member of the National Association of REALTORS® Equal Housing Opportunity.