606-608 E Broad Street, Elyria, OH 44035

$103,000
4
BD
2
BA
2,404
SqFt

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Sold Price
$103,000
List Price
$127,000
Status
CLOSED
Days on Market
34
Closing Date
Feb 19, 2025
MLS#
5093388
Subtype
Residential Income
Year Built
1900
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,404
Acres
0.19
Subdivision
Avondale Park
Neighborhood
Avondale Park
MLS Area Major
Elyria

Property Description

This 2-unit duplex is a fantastic investment opportunity, perfect for expanding an established portfolio or starting your journey as a property owner. Each unit features 2 bedrooms and 1 bathroom, offering a comfortable and convenient layout that tenants will appreciate. With gas heat, central A/C, and a full basement providing laundry facilities and extra storage, the property is designed for tenant satisfaction and practicality. The detached 2-car garage adds further appeal, whether as a tenant amenity or for additional rental income. The owner covers water, sewer, and trash, while tenants are responsible for gas and electric, ensuring a setup that maximizes profitability. Both units are currently rented out, one is month to month and one lease will end/potentially renew at the end of January. Situated in a desirable rental market, this duplex promises stable cash flow and long-term value. Don't miss this opportunity to invest in a property that truly checks all the boxes!

Additional Information

Taxes
$1,634
Heating
Forced Air, Gas
Air Conditioning
Central Air
Stories
2
Levels
Two
Roof
Asphalt
Parking Features
Detached, Garage
Garage Spaces
2
School District
Elyria CSD - 4706

Listing Courtesy of: Lindsey Rose, lindsey@rosegroupohio.com With Real of Ohio

Selling Office: HomeSmart Real Estate Momentum LLC.

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