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228 Gates Avenue

Elyria OH 44035

4
2
1491 sq. ft.
0.08 ac.
Duplex
Currently for sale - view listing

Overview

Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!

Features

4 bedrooms
2 bathrooms
1491 sq. ft. floor area
0.08 ac. lot size
Duplex

Property history for 228 Gates Avenue

2022
Sold
$112,000
21 Apr 2022 by Sylvia Incorvaia, of KELLER WILLIAMS, LLC

Happy sellers in Elyria

97%
97% of sellers in Elyria reported that their sale price either exceeded or met their price expectations.

Elyria stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Elyria over the last 12 months.

Local market activity for 4 bedroom duplexes in Elyria

In the last 12 months, 12 four-bedroom duplexes similar to 228 Gates Avenue, have been sold.

This represents a 33% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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