122 Elbe Street, Elyria, OH 44035
- $210,000
- 4
- BD
- 4
- BA
- List Price
- $210,000
- Status
- ACTIVE
- Days on Market
- 93
- Price Change
- ▼ $43,000 1780000026
- MLS#
- 5205281
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 4
- Bathrooms
- 4
- Full Baths
- 4
- Acres
- 0.12
- Subdivision
- W L Fays Add
- Neighborhood
- W L Fays Add
- MLS Area Major
- Elyria
Property Description
Income-generating property with established tenancy 122 Elbe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied four-unit property delivers strong, immediate cash flow with current rents of $725, $760, $760, and $900, all on month-to-month leases, providing consistent income across the building. Expense structure varies by unit, with owner-paid water, sewer, and trash throughout, gas included for two units, and tenants responsible for remaining utilities. The property offers a functional multi-unit layout with steady rental demand, supporting long-term occupancy. Ideal for investors seeking to expand their portfolio with a stabilized asset, this property contributes reliable income as part of a larger, income-producing portfolio.
Additional Information
- Taxes
- $4,457
- Heating
- Other
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Other
- Parking Features
- Driveway
- School District
- Elyria CSD - 4706
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
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