622 Middle Avenue , Elyria, OH 44035
Elyria, OH 44035
Description
Attention All Investors...Well maintained, affordable TRIPLEX, fully occupied with quality tenants, trunkey professional management in place (management can remain if new owner would like), ample parking in a desirable city w/limited regulation, great tenant pool, low property taxes, no lead certification requirement...rents are well below market rent w/increases possible. Attractive units, beautiful hardwood floors, decorative fireplaces w/well thought out & comfortable floor plans for happy tenants. Quality location near restaurants, entertainment, highways, shopping and public transit. Unit #1: 2 bedroom $700, Unit #2: 2 bedroom $750, Unit #3 $550: 1 bedroom. Overall the property is in good condition, exterior could be spruced up a bit cosmetically but interiors look good. Owner lives out of the country and is selling their portfolio...Cash flow from day one, add to your existing portfolio or start your investing journey today. Proof of funds or preapprovals needed before showings are approved and only serious investors. No wholesalers.
Details
| MLS# | 5058463 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Contingent |
| Year | 1925 |
| Days On Site | 36 |
| Listing Provided By | Coldwell Banker Schmidt Realty | Christopher A Frederick |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,920 |
| Basement | Y |
| Story(s) | 2 |
| Building(s) | 1 |
| Acreage | 0.09 |
Market Activity 44035
Request a showing
Request a showing
Contact
Learn More About This Property
| State | OH |
|---|---|
| County | Lorain |
| City | Elyria |
| Zip Code | 44035 |
| Community Name | O Bowen & William S Wallaces |
| Listing VS Median (in O Bowen & William S Wallaces) | |
Price: $149,900 low | high Med: $149,900 SqFt: 3,920 low | high Med: 3,920 $ / SqFt: $38 low | high Med: $38 On Site: 36 low | high Med: 36.000000 | |