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622 Middle Avenue

Elyria, OH 44035
  • $149,900
  • STATUS: Contingent
  • ON SITE: 42 Days
  • MLS #: 5058463
Under Contract
$149,900
  • 5
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,920
    SQFT
  • $38
    $/SQFT
Type:
Multi-Family
Built:
1925
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2024 YES-MLS.

Description

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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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-09-14T00:08:05.203.
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622 Middle Avenue Elyria, OH 44035

  • Price: $149,900
  • Status: Contingent
  • On Site: 42 Days
  • MLS #: 5058463
5
Beds
2
Baths
0
½ Baths
0.09
Acres
3,920
SQFT
$38
$/SQFT
1925
Built
Neighborhood:
O Bowen & William S Wallaces
County:
Lorain
Area:
Elyria
School District:
Elyria CSD
Property Description
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Wood Siding Garage YN No Levels Two Parking Features Driveway Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Basement Partial Unfinished Basement YN Yes Below Grade Finished Area 1200 Cooling None Cooling YN No Heating Forced Air Gas Heating YN Yes Laundry Features In Basement Main Level Bathrooms 0

Property Features

Above Grade Finished Area 2720 Elementary School District Elyria CSD - 4706 Home Warranty YN No Middle Or Junior School District Elyria CSD - 4706 Property Sub Type Triplex Sewer Public Sewer Tax Annual Amount 1391 Township Elyria Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Coldwell Banker Schmidt Realty: 440-327-2123.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-09-14T00:08:05.203.
 
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Keller Williams Chervenic Realty
3333 Massillon Rd., Suite 10
Akron OH, 44312
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2024 YES-MLS.