228 Gates, Elyria, OH 44035

$126,500
4
BD
2
BA
1,491
SqFt

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List Price
$126,500
Status
ACTIVE
Stories
2
MLS#
5224523
Year Built
1900
Bedrooms
4
Bathrooms
2
Living Area
1,491
Region
Elyria
Township
Elyria
Subdivision / Building
Gates

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
Acres
0.08
Sewer
Public Sewer
Roof
Slate
Water
Public
Heating
Forced Air, Gas
Cooling
Window Unit(s)
School District
Elyria CSD - 4706

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Listing Courtesy of: George Vujadinovic, home4u@georgesoldit.com With EXP Realty, LLC.

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