SoldSep 17, 2024

Listed by Christopher Frederick and Patricia Frederick from Coldwell Banker Schmidt Realty

Bought with Charles Lewis from Home Equity Realty Group

Source: MLS Now #5058463

622 Middle Avenue, Elyria, OH, 44035

$150,000

5
2
3920 sq. ft.
0.09 ac.

Duplex

30+ days on the market

Sold: Sep 17, 2024

What's around 622 Middle Avenue

About this property

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.

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