About This Home
This 4-bedroom, 2-bathroom residential multi family at 228 Gates in Elyria, OH is listed for $126,500 ($85 per sqft). Built in 1900, the home offers 1,491 sqft of living space on a 0.08 acres lot.
Key Features
- Built in 1900
- 0.08 acre lot
- 2 stories
Property Details
Amenities
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. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!
Monthly Cost Estimate
$677/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
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 228 Gates is listed at $126,500 ($85/sqft). The estimated monthly payment is $677 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
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.
