122 Elbe Street, Elyria, OH 44035

$210,000
4
BD
4
BA
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List Price
$210,000
Status
ACTIVE
Stories
2
MLS#
5205281
Year Built
1900
Price Change
▼ $43,000 1780000026
Bedrooms
4
Bathrooms
4
Region
Elyria
Township
Elyria
Subdivision / Building
W L Fays Add
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330-537-6476

Property Description

Income-generating property with established tenancy 122 Elbe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied four-unit property delivers strong, immediate cash flow with current rents of $725, $760, $760, and $900, all on month-to-month leases, providing consistent income across the building. Expense structure varies by unit, with owner-paid water, sewer, and trash throughout, gas included for two units, and tenants responsible for remaining utilities. The property offers a functional multi-unit layout with steady rental demand, supporting long-term occupancy. Ideal for investors seeking to expand their portfolio with a stabilized asset, this property contributes reliable income as part of a larger, income-producing portfolio.

330-537-6476
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Additional Information

Taxes
$4,457
Acres
0.12
Sewer
Other
Roof
Other
Water
Other
Heating
Other
Cooling
None
School District
Elyria CSD - 4706
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Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

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