George Rofail

124 Cornell Avenue , Elyria, OH 44035

Sold: $85,000
Sold on: Aug 17th, 2026
$ Per Square Foot: $40
Sold: $85,000
Sold on: Aug 17th, 2026
$ Per Square Foot: $40
BEDS4 BATHS1 full 1 partial SQUARE FEET2,124 MLS#5230304
STATUSClosed PROPERTY TYPEResidential - Single Family SUBDIVISIONEastern Heights Land Co Sub # SCHOOLElyria City


Property Description

Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!

Property Features

Basement: Full, Finished
Basement: Yes
Cooling: None
Days on Market: 20
Garage: 2 car attached
Heating: Forced Air, Gas
Lot Size: 0.15 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,306 / year
Year Built: 1920

Feature Descriptions

Exterior: Vinyl Siding
Laundry: In Basement
Parcel#: 06-25-005-103-025
Parking: Attached, Garage
Parking Notes: Attached, Garage
Patio/Porch: Porch
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Listed By / Sold By

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Phone: 440-327-2123

Shown By

Agent Name: George Rofail
Agent Phone: (216) 619-9696
Agency Title: Progressive Urban Real Estate

Sold By

Agency Name: Home Equity Realty Group
Agency Phone: 330-952-2244
Agent Name: Kendra Wensing

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