228 Gates, Elyria, OH 44035
- $126,500
- 4
- BD
- 2
- BA
- 1,491
- SqFt
- List Price
- $126,500
- Status
- PENDING
- Days on Market
- 26
- MLS#
- 5224523
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,491
- Acres
- 0.08
- Subdivision
- Gates
- Neighborhood
- Gates
- MLS Area Major
- Elyria
Property Description
Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!
Additional Information
- Taxes
- $1,465
- Heating
- Forced Air, Gas
- Air Conditioning
- Window Unit(s)
- Stories
- 2
- Levels
- Two
- Roof
- Slate
- Parking Features
- No Garage, Paved
- School District
- Elyria CSD - 4706
Listing Courtesy of: George Vujadinovic, home4u@georgesoldit.com With EXP Realty, LLC.
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