606-608 E Broad ST new Save Request In-Person Tour Request Virtual Tour
Elyria,OH 44035
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,404 sqft
Price per Sqft $52
Subdivision Avondale Park
MLS Listing ID 5093388
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,404
Year Built 1900
Annual Tax Amount $1,634
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Description
This 2-unit duplex is a fantastic investment opportunity, perfect for expanding an established portfolio or starting your journey as a property owner. Each unit features 2 bedrooms and 1 bathroom, offering a comfortable and convenient layout that tenants will appreciate. With gas heat, central A/C, and a full basement providing laundry facilities and extra storage, the property is designed for tenant satisfaction and practicality. The detached 2-car garage adds further appeal, whether as a tenant amenity or for additional rental income. The owner covers water, sewer, and trash, while tenants are responsible for gas and electric, ensuring a setup that maximizes profitability. Both units are currently rented out, one is month to month and one lease will end/potentially renew at the end of January. Situated in a desirable rental market, this duplex promises stable cash flow and long-term value. Don't miss this opportunity to invest in a property that truly checks all the boxes!
Location
State OH
County Lorain
Rooms
Basement Full
Interior
Heating Forced Air,Gas
Cooling Central Air
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Accessibility None
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-25-015-109-021
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard