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2584 Meloy Road

Ravenna OH 44266

4
2
1
1872 sq. ft.
1.02 ac.
Duplex
Currently for sale - view listing

Overview

Excellent Investment Opportunity in Brimfield Township! Don’t miss your chance to own this ranch-style duplex on desirable Meloy Road, where duplexes rarely become available for sale! This property offers an excellent opportunity for investors looking to generate rental income from both units. Each side features 2 bedrooms, 1 full bathroom, a dine-in kitchen with appliances, in-unit laundry, and a one-car attached garage. Recent updates include new kitchens and appliances, a newer water softener and water pressure tank, and newer toilets. Both units are currently occupied with year-long leases in place. One tenant is PMHA, while the other is a great long-term tenant with a strong rental history who also mows the lawn for both sides of the duplex and has converted the garage into additional living space. Tenants are responsible for electricity and garbage pickup, while the owner currently pays city sewer and salt for the water softener. With both units occupied, established tenant arrangements, and several recent updates, this property offers an attractive opportunity to expand your real estate investment portfolio. Investment opportunities like this on Meloy Road are hard to find! Don’t miss your chance to own this Brimfield Township duplex and add an income-producing property to your portfolio. Can be sold together with property at 2590-2592 Meloy Rd. See MLS 5255421.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
1872 sq. ft. floor area
1.02 ac. lot size
Duplex

Property history for 2584 Meloy Road

2019
Sold
$144,000
09 Dec 2019 by Stacy Barbicas, of Howard Hanna

Happy sellers in Ravenna

96%
96% of sellers in Ravenna reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 5 reviews in Ravenna over the last 12 months.

Local market activity for 4 bedroom duplexes in Ravenna

In the last 12 months, 3 four-bedroom duplexes similar to 2584 Meloy Road, have been sold.

This represents a 25% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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