Sheffield Homes with Sheffield-Sheffield - 4713 School District

Welcome to Sheffield, Ohio – a charming city nestled in Lorain County, where community spirit meets suburban tranquility. Known for its welcoming atmosphere and rich history, Sheffield offers a delightful blend of urban conveniences and natural beauty, making it an ideal place for families, professionals, and retirees alike.

Sheffield is part of the thriving Sheffield-Sheffield School District, which is renowned for its commitment to academic excellence and fostering a nurturing environment for students. Families can take pride in the quality education available, with schools that prioritize both academic achievement and personal growth. The district’s dedicated educators and staff work tirelessly to ensure that every child receives the support they need to thrive.

As you explore Sheffield, you’ll discover a variety of homes that cater to diverse lifestyles and preferences. From charming single-family residences to modern townhomes, the real estate options here are as varied as the community itself. Many homes boast spacious yards, perfect for outdoor gatherings and family fun, while others offer contemporary designs with all the latest amenities. The affordability of housing in Sheffield makes it a fantastic option for first-time buyers and seasoned homeowners alike.

Beyond the homes, Sheffield is rich in recreational opportunities. With parks, walking trails, and community events, residents can enjoy an active lifestyle while forming lasting friendships. The city’s proximity to Lake Erie also means that outdoor enthusiasts can easily access beautiful waterfront activities.

In Sheffield, you’ll find not just a place to live, but a vibrant community to call home. Come experience the warmth and charm of Sheffield, Ohio, where your dream home awaits!

Newest Sheffield Homes with Sheffield-Sheffield - 4713 School District

$255,000

3 Beds ⋅ 2 Baths ⋅ 5217033 MLS

693 Hollywood Avenue, Sheffield

$3,975,000

5215074 MLS

48 fully renovated units in Sheffield Lake, two buildings side by side, 100% occupied, priced at $3,975,000. That is $82,813 a door. In an operator's hands this stabilizes to a 7.4% cap on about $294,000 of NOI, with a clear path higher as rents reach market. The building is 100% occupied with a waitlist of tenants trying to get in, and rents sit about $130 a door under market. You do not need a renovation or a repositioning to hit pro forma. Re-rent at market on natural turnover and the income climbs on its own, up to about $368,000 in NOI, a 9.26% cap. All 48 units are done, shaker cabinets, granite, stainless, updated flooring, the whole nine yards. No gut job waiting for you. The buildings went up in 1972 and show well across 33,400 square feet. Tenants pay their own electric. Ownership covers heat, water and sewer, and trash, which is exactly where a sharp manager finds margin. On-site laundry and other income add about $35,000 a year on top of rent. The Ford Ohio Assembly Plant sits partly inside the town's own borders, and Ford is partway through a $1.5 billion expansion there set to add 1,800 jobs. Add a lakefront setting on Lake Erie about 17 miles west of downtown Cleveland, same shoreline as Avon Lake, and you have durable tenant demand parked next door. That is why these buildings stay full with a line out the door. Clean, easy buildings to run at a basis that does not come around often. Reach out and I will get you the full financials and rent roll.

5216 E Lake Road, Sheffield

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