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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 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!

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

98%
98% 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 9 reviews in Elyria over the last 12 months.

Local market activity for 4 bedroom duplexes in Elyria

In the last 12 months, 8 four-bedroom duplexes similar to 228 Gates Avenue, have been sold.

This represents a 47% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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