4 Forest Street, Elyria, OH 44035
- $68,000
- 3
- BD
- 2
- BA
- 1,052
- SqFt
- Sold Price
- $68,000
- List Price
- $64,900
- Status
- CLOSED
- Days on Market
- 32
- Closing Date
- Mar 09, 2026
- MLS#
- 5184914
- Subtype
- Residential
- Style
- Conventional
- Year Built
- 1900
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,052
- Acres
- 0.04
- MLS Area Major
- Elyria
Property Description
Investment property with long-term stability and value-add potential. Currently occupied by a long-term tenant in good standing. Property is under-rented relative to market, providing an opportunity to improve NOI over time. Based on conservative market assumptions, future stabilized performance supports attractive cap-rate potential for buy-and-hold investors. Ideal for those seeking dependable occupancy today with upside through income optimization. Excellent location & views- near cascade falls. Do not disturb tenant. Showings by appointment only.
Additional Information
- Taxes
- $1,188
- Property Description
- Conventional
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Metal
- Parking Features
- Off Street, On Street
- School District
- Elyria CSD - 4706
Listing Courtesy of: Kristin Horst, 4realestate.kristin@gmail.com With RE/MAX First Realty, LLC
Selling Office: Plum Tree Realty, LLC.Mortgage Calculator
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