228 Gates
Elyria, OH 44035

Property Description

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!