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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.

Agent Description

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

2 stories
2 full
1900

Monthly Cost Estimate

$722/mo

20% down · 6.5% · 30 years

Principal$98
Interest$585
Insurance$39

Estimates only. Actual payments may vary.

Location

228 Gates

Elyria, OH 44035

Gates

Property Details

Construction

VinylSiding

Parking

Garage

Heating

Natural GasForced Air

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.

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GV

George Vujadinovic

Agent at EXP Realty, LLC.

(440) 502-9128

Listed by EXP Realty, LLC.

MLS# 5198378· Source: listhub· Updated 8 days ago

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228 Gates, Elyria, OH 44035

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