3229 Elyria Avenue

Lorain OH 44055

1267 sq. ft.

0.17 ac.

Duplex

Last sold for $74,000

Anthony Rego, last sold this property on 24 January 2024 after 65 days on market.

Overview

Wonderful Duplex addition to any rental portfolio! The upstairs unit has 2 bedrooms and 1 bathroom that is tenant occupied paying $400.00 on a month-to-month lease. The downstairs unit has 1 bedroom and 1 full bath. Current rent is believed to be under market value. The one bedroom unit is currently vacant and estimated market value for rent is roughly $700-$800. Access to the basement only through downstairs unit and has laundry hookups. All utilities are separated including electric, gas, and even water as the property has 2 separate meters! Recent updates within the last five years include fresh paint, newer carpets, newer flooring. The property has newer electrical throughout and copper drains. The circuit breakers in both units were replaced within the last 10 years. The seller prefers to sell this property (Parcel ID #(0300098124026) (MLS # 4503849) AND his 4-Plex next to it as a PACKAGE deal, (Parcel ID #(0300098124002)(MLS #4503847). Owner is offering a 10% discount to buy both properties together. Total price on both properties would be $220,410. Reach out today to learn more! Don't miss the value this huge multi-family can bring to your rental portfolio!

Features

3 bedrooms

2 bathrooms

1267 sq. ft. floor area

0.17 ac. lot size

Duplex

Estimated Value

We need at least 3 similar 3 bedroom duplexes sold in Lorain over the last 12 months.

Property history for 3229 Elyria Avenue

2024

Sold

$74,000

24 Jan 2024 by Anthony Rego, of Keller Williams Elevate

Happy sellers in Lorain

We have insufficient information to provide an overview of customer satisfaction for Lorain. Viewing the agent profiles, reviews and sales for Lorain can provide insights for this location.