508 Furnace Street, Elyria, OH 44035
- $118,000
- 2
- BD
- 1
- BA
- List Price
- $118,000
- Status
- ACTIVE
- Days on Market
- 93
- Price Change
- ▲ $13,000 1781307990
- MLS#
- 5205304
- Subtype
- Residential
- Style
- Ranch
- Year Built
- 1950
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Acres
- 0.11
- Subdivision
- Mendelson
- Neighborhood
- Mendelson
- MLS Area Major
- Elyria
Property Description
Cash-flowing rental with established tenancy at 508 Furnace St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,200 per month on a month-to-month lease, providing immediate income. The tenant is responsible for all utilities, helping to keep operating expenses low and enhance overall returns. The home offers a functional layout with strong rental appeal and is positioned in an area with consistent demand. A dependable addition to a larger portfolio, this asset contributes steady cash flow within a diversified, income-producing package. Multiple properties must be purchased. Singular properties will not be considered. Reach out to co-listing agent for details.
Additional Information
- Taxes
- $1,011
- Property Description
- Ranch
- Heating
- Other
- Air Conditioning
- None
- Stories
- 1
- Levels
- One
- Roof
- Other
- Parking Features
- Detached, Garage
- Garage Spaces
- 1
- School District
- Elyria CSD - 4706
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
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