Great turn-key investment opportunity! This well-maintained duplex features 2 bedrooms and 1 full bathroom in each unit, with spacious living rooms, remodeled kitchens, and updated bathrooms. The upstairs unit is now **vacant and move-in ready** and has been **professionally painted and cleaned**, making it a great option for an owner-occupant or a new tenant. The downstairs unit is currently occupied by a month-to-month tenant paying **$875/month**. Recent improvements include basement waterproofing and a sump pump in 2022, newer hot water tanks (2019), furnaces (2021 upstairs and 2017 downstairs), and newer refrigerators in both units. Tenants pay their own utilities except water and sewer. The property features a slate roof that is in good condition and offers plenty of basement storage. Conveniently located near shopping, Downtown Elyria, schools, and other local amenities. Whether you're looking to house hack or add another income-producing property to your portfolio, this duplex offers plenty of potential. Schedule your showing today!
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: home4u@georgesoldit.com, 440-502-9128
Shown By
Agent Name: Alyssa Wallace
Agent Phone: (330) 880-3882
Agency Title: DeHOFF REALTORS
Estimated Payment
$ 703.74 per month $543.37 Principal & Interest $124.50 Property Tax $35.88 Homeowner's Insurance
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228 Gates | MLS# 5244165
This multi-family property located at 228 Gates, Elyria, OH 44035 is currently listed for sale with an asking price of $123,000. Gates is located within the Elyria City school district. Search Elyria real estate on abrady.dehoff.com today.