228 Gates, Elyria, OH 44035
228 Gates, Elyria, OH 44035
228 Gates, Elyria, OH 44035
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$135,000
Est. payment /mo
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4 Beds
2 Baths
1,491 SqFt
Active

228 Gates Elyria, OH 44035

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,491 sqft

Price per Sqft $90

Subdivision Gates

MLS Listing ID 5198378

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,491

Year Built 1900

Annual Tax Amount $1,465

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

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. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

Location

State OH

County Lorain

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Laundry In Unit

Exterior

Parking Features No Garage, Paved

Fence Chain Link, Partial, Wood

Water Access Desc Public

Roof Type Slate

Accessibility None

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Elyria Csd - 4706

Others

Tax ID 06-26-019-102-010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northern Ohio Regional MLS (YES-MLS)
Listed by George Vujadinovic • EXP Realty, LLC. • home4u@georgesoldit.com, 440-502-9128

NEARBY SCHOOL & BUSINESS

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Daniel Somerville

Daniel Somerville

Team Leader | License ID: SAL.2015004291

+1(330) 475-8118

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228 Gates