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!
Property Information
Address228 Gates
CityElyria
StateOH
Zip Code44035
Price$123,000
Property TypeResidential Income
Listing TypeDuplex
Bedrooms4
Bathrooms2
Area1,491 Sq Ft
Location
Quick Inquiry
Fill out the form below and we'll get back to you shortly.