2394 Elyria Avenue Elyria, OH 44055
Listing Courtesy of: YES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick / Patricia Frederick - Contact:  thefrederickteam@gmail.com 216-210-7653

  2394 Elyria Avenue Elyria, OH 44055

Contingent (10 Days)
$89,900
4
BED
2
BATH
2,964
SQFT

Description

Attention all investors! All-brick exterior duplex is the perfect opportunity for the beginning investor or a great addition to your existing portfolio. One unit is currently vacant for easy showings, but it's rent-ready for an owner-occupant (live in one unit and let the other cover your mortgage) or rent both units to maximize revenue. First-floor unit is tenant-occupied & will be shown to serious buyers only. Includes a 3rd-floor walk-up, easily accessible from either unit, providing valuable storage or potential expansion space. Each 2-bedroom, 1-bath unit features a desirable floor plan, well-lit w/hardwood & hard surface flooring throughout. Market rent is approximately $795 per month, appliances included. Tenants pay for gas/electric, while the owner covers water/sewer/trash. Full basement offers washer/dryer for tenant use if desired. Recent updates include a newer roof, updated electrical, & 2021 hot water tank. Property is self-managed by an out-of-state investor, but professional management services are available for a smooth transition. 2nd-floor unit, 3rd floor attic, & basement are easy to show on short notice. Great SECTION 8 property, low taxes/expenses, low regulation with no lead certification requirement. Don’t miss this lucrative opportunity—schedule your tour today!

MLS #:
5068790
Taxes
$922(2023)
Lot Size
8,276 SQFT
Type
Multifamily
Year Built
1900
School District
Elyria Csd - 4706
County
Lorain County
Community
Black River Township

Listed By

Christopher Frederick, Coldwell Banker Schmidt Realty, Contact: thefrederickteam@gmail.com 216-210-7653
Patricia Frederick, Coldwell Banker Schmidt Realty
Source
YES MLS
Last checked Sep 20 2024 at 5:21 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Refrigerator
  • Range
  • Laundry: In Basement
Subdivision
  • Black River Township
Heating and Cooling
  • Gas
  • Forced Air
  • Wall/Window Unit(s)
Basement Information
  • Full
  • Unfinished
Exterior Features
  • Roof: Asphalt
  • Roof: Fiberglass
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Driveway
Stories
  • 3
Living Area
  • 2,964 sqft
Additional Information: North Ridgeville | thefrederickteam@gmail.com 216-210-7653
Location
   
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Disclaimer: Copyright 2024 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/19/24 22:21