228 Gates, Elyria, OH 44035

$123,000
4
BD
2
BA
1,491
SqFt

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List Price
$123,000
Status
ACTIVE
Stories
2
MLS#
5244165
Year Built
1900
Bedrooms
4
Bathrooms
2
Living Area
1,491
Region
Elyria
Township
Elyria
Subdivision / Building
Gates

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!

Additional Information

Taxes
$1,494
Acres
0.08
Sewer
Public Sewer
Roof
Slate
Water
Public
Heating
Forced Air, Gas
Cooling
Window Unit(s)
School District
Elyria CSD - 4706

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Calculator source: Real Geeks

Listing Courtesy of: George Vujadinovic, home4u@georgesoldit.com With EXP Realty, LLC.

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