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Attention investors & owner-occupied buyers looking for a rare 4-family opportunity w/tremendous upside potential! Build instant sweat equity w/this spacious quadplex offering 4 units on 3 finished levels...total of 7 bedrooms & 4 baths. Much of the remodeling work has already been completed, but some finishing remains, giving the next owner the opportunity to add value & maximize returns. Situated on a prime riverfront lot in an investment-friendly area including low taxes, strong rental demand & excellent Section 8 potential. Property offers exceptional income-producing possibilities whether you are expanding your portfolio, looking for multi-generational living or planning to live in one unit while letting the others help pay your mortgage. Major improvements already completed include lead abatement, solid roof, updated vinyl windows plus freshly improved exterior. Spacious layout & flexible unit configuration create excellent rental appeal & long-term investment potential. Vacant and easy to show, allowing immediate access for renovations or tenant placement. Seller lives outside the country and has found it difficult to complete the project remotely, creating a fantastic opportunity for the next owner to capitalize on the work already completed. Strong investment opportunity with excellent upside potential. No wholesalers, no owner financing and serious qualified inquiries only. Don’t miss this unique riverfront multifamily opportunity!

7 Beds ⋅ 4 Baths ⋅ 5209788 MLS

Attention investors & owner-occupied buyers looking for a rare 4-family opportunity w/tremendous upside potential! Build instant sweat equity w/this spacious quadplex offering 4 units on 3 finished levels...total of 7 bedrooms & 4 baths. Much of the remodeling work has already been completed, but some finishing remains, giving the next owner the opportunity to add value & maximize returns. Situated on a prime riverfront lot in an investment-friendly area including low taxes, strong rental demand & excellent Section 8 potential. Property offers exceptional income-producing possibilities whether you are expanding your portfolio, looking for multi-generational living or planning to live in one unit while letting the others help pay your mortgage. Major improvements already completed include lead abatement, solid roof, updated vinyl windows plus freshly improved exterior. Spacious layout & flexible unit configuration create excellent rental appeal & long-term investment potential. Vacant and easy to show, allowing immediate access for renovations or tenant placement. Seller lives outside the country and has found it difficult to complete the project remotely, creating a fantastic opportunity for the next owner to capitalize on the work already completed. Strong investment opportunity with excellent upside potential. No wholesalers, no owner financing and serious qualified inquiries only. Don’t miss this unique riverfront multifamily opportunity!

1004 East Avenue, Elyria

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

This Rare Triplex in Elyria needs Rehab and Cosmetics*Spacious 3 Family Century Colonial Home with Wooded Rear Lot that Backs to the Black River*Open Floor Plan with High Ceilings and over 2500 Square Feet of Living Space*Detached 2 Car Garage and Full Basement*Current Tenant is Occupying all 3 Units Paying 1400/Month Total*Rents Should be Higher*Newer Roof*Separate Utility Meters*Excellent Investment Property that Needs Work*Great Income Potential Here*

6 Beds ⋅ 3 Baths ⋅ 5029770 MLS

This Rare Triplex in Elyria needs Rehab and Cosmetics*Spacious 3 Family Century Colonial Home with Wooded Rear Lot that Backs to the Black River*Open Floor Plan with High Ceilings and over 2500 Square Feet of Living Space*Detached 2 Car Garage and Full Basement*Current Tenant is Occupying all 3 Units Paying 1400/Month Total*Rents Should be Higher*Newer Roof*Separate Utility Meters*Excellent Investment Property that Needs Work*Great Income Potential Here*

1004 East Avenue, Elyria

Listing Courtesy of: Charles D Amato, amatochuckmj23@aol.com With Century 21 Premiere Properties, Inc.

Selling Office: NEO Rental Agent, LLC.

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