228 Gates, Elyria, OH 44035

$123,000
  • 228 Gates, Elyria, OH 44035 Main Photo
Virtual Tour

9 Photos

New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,491 MLS#5244165
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGates SCHOOLElyria City

Property Description

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!

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 www.viewrealtor.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Window Unit(s)
Heating: Forced Air, Gas
Lot Size: 0.08 Acres
Roof Type: Slate
Stories: 2.0
Taxes: $1,494 / year
Year Built: 1900

Feature Descriptions

Accessibility: None
Exterior: Vinyl Siding
Fencing: Chain Link, Partial, Wood
Laundry: In Unit
Parcel#: 06-26-019-102-010
Parking: No Garage, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Listed By / Shown By

Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: home4u@georgesoldit.com, 440-502-9128

Shown By

Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153

IDX logo

Estimate Your Payment

Estimated Payment

$ 703.74 per month $543.37 Principal & Interest $124.50 Property Tax $35.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder