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About This Home
This 4-bedroom, 2-bathroom residential multi family at 228 Gates in Elyria, OH is listed for $135,000 ($91 per sqft). Built in 1900, the home offers 1,491 sqft of living space on a 0.08 acres lot.
Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022).
Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720.
$1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!
Key Features
- Built in 1900
- 0.08 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$722/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
228 Gates
Elyria, OH 44035
Gates
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 228 Gates is listed at $135,000 ($91/sqft). The estimated monthly payment is $585 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.08 acre lot, 2 stories.
This property is listed by George Vujadinovic and can be reached at 4405029128 or home4u@georgesoldit.com.











































