409 Gulf Road, Elyria, OH 44035
- $124,000
- 4
- BD
- 2
- BA
- 1,824
- SqFt
- Sold Price
- $124,000
- List Price
- $145,000
- Status
- CLOSED
- Days on Market
- 60
- Closing Date
- Aug 26, 2025
- MLS#
- 5134985
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,824
- Acres
- 0.15
- Subdivision
- Dilworth
- Neighborhood
- Dilworth
- MLS Area Major
- Elyria
Property Description
Great investment opportunity or live in one unit and let the tenant pay a portion of the mortgage. 2 family unit w/ 2 bedroom & 1 bath in each. Upper unit offers rear balcony. Both units mirror images of one another with 15 x 10 living room w/ hardwood flooring, 14 x 11 eat- in kitchen w/ vinyl flooring & stove, 1st bedroom measures 15 x 13 & 2nd bedroom measures 15 x 14 both w/ hardwood flooring for easy maintenance. Updated in past 10 years includes electrical & windows; one hot water tank replaced 2019, bathroom updates and roof & gutters 2023 w/25 year shingles. Spacious lot for additional parking. Conveniently located near schools, stores, restaurants, and easy access to all highways. Price reflects Basement needing work and furnaces are original, but still operable. List price is below recent assessed tax value. Lower unit is currently occupied and on a month to month agreement and may wish to stay, if option is there. Upstairs unit is vacant and ready for showings. Each unit has its own separate entrance to basement and residence. Current tenant takes care of lawn. Front porch accessed from lower unit. Conveniently located near highways, schools, shopping, restaurants, etc. Why pay rent when you can own and still bring in an income?
Additional Information
- Exterior Features
- Balcony, Private Entrance
- Taxes
- $2,731
- Appliances
- Range, Refrigerator
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Foundation
- Block
- Parking Features
- Driveway, Gravel, No Garage, Unpaved
- School District
- Elyria CSD - 4706
- View
- City
Listing Courtesy of: Dawn M Balog, balogsells@gmail.com With Russell Real Estate Services
Selling Office: Howard Hanna.Mortgage Calculator
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