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About This Home

This 5-bedroom, 3-bathroom residential multi family at 229 5th Street in Elyria, OH is listed for $185,000 ($84 per sqft). Built in 1900, the home offers 2,207 sqft of living space on a 0.21 acres lot.

Agent Description

229 5th St, Elyria, OH 44035 - Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor - idea

l for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity - the current owner has architectural drawings already prepared for completing an additional apartment upstairs.

Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points - a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems

Key Features

  • Built in 1900
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
3 full, 2 half
1900

Amenities

ViewA/C

Monthly Cost Estimate

$989/mo

20% down · 6.5% · 30 years

Principal$134
Interest$802
Insurance$54

Estimates only. Actual payments may vary.

Location

229 5th Street

Elyria, OH 44035

Heman El's Add

Property Details

Construction

AluminumSiding Brick

Views

City

Parking

Parking Lot

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 229 5th Street is listed at $185,000 ($84/sqft). The estimated monthly payment is $802 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.21 acre lot, 2 stories.

This property is listed by Michael A Hignett and can be reached at 4405060414 or mahignett@yahoo.com.

MH

Michael A Hignett

Agent at Northern Ohio Realty

(440) 506-0414

Listed by Northern Ohio Realty · View on Broker Site

MLS# 5204723· Source: listhub· Updated 35 days ago

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229 5th Street, Elyria, OH 44035

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