Elyria, OH 44055,2394 Elyria AVE
Elyria, OH 44055,2394 Elyria AVE
Elyria, OH 44055,2394 Elyria AVE
Elyria, OH 44055,2394 Elyria AVE
Elyria, OH 44055,2394 Elyria AVE
Elyria, OH 44055,2394 Elyria AVE
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$86,000

$89,900

4.3%
Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

2,964 SqFt


SOLD DATE : 09/30/2024

Key Details

Sold Price $86,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,964 sqft

Price per Sqft $29

Subdivision Black River Township

MLS Listing ID 5068790

Sold Date 09/30/24

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,976

Year Built 1900

Annual Tax Amount $922

Tax Year 2023

Lot Size 8,276 Sqft

Acres 0.19

Property 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!

Location

State OH

County Lorain

Rooms

Basement Full, Unfinished

Ensuite Laundry In Basement

Interior

Laundry Location In Basement

Heating Forced Air, Gas

Cooling None, Wall/Window Unit(s)

Fireplace No

Appliance Range, Refrigerator

Laundry In Basement

Exterior

Exterior Feature Balcony

Garage Driveway

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Porch Balcony

Parking Type Driveway

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Elyria Csd - 4706

Others

Tax ID 02-00-093-107-007

Financing Cash

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Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com 216-210-7653
Bought with Kim Lewis • Home Equity Realty Group
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