Vision Sales Team

231 Oberlin Road

Elyria , OH 44035

MLS#: 4423920

$114,900

Status: Closed
Listing number: 4423920
Listing provided by: Russell Real Estate Services
Listing agent phone: None
Last update: 2 years ago
On site: 3 years ago
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Property

Beds

7

Full Baths

3

1/2 Baths

None

Year Built

1990

Sq.Footage

2,306

Three-unit cash-flowing investment property in Elyria currently bringing in $1,600/month with a proforma of $2,250. All leases are month-to-month with two of the units having 2-bed/1-bath and the front unit having 3-bed/1-bath. The rents collected per unit per month are: $550, $550 and $500 with a profroma of $750 per unit per month. The property comes with vinyl windows, three newer hot water tanks, updated electrical panels, 1 older furnace that runs just the front unit and the other two units have baseboard heat with tenants paying electric and gas. 1 unit has been updated with vinyl flooring, minor kitchen and bathroom updates, and modern paint scheme. Great property to add to your portfolio!

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    3

  • Above Grade Finished Area

    2306.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard, Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding, Wood Siding

  • Parking

    No Garage, Paved

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $114,900

  • Tax Amount

    $1,380

  • Sq. Footage

    2, 306

  • Price/SqFt

    $49

HOA

  • Association

    No

School District

  • Elementary School

    Elyria CSD - 4706

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    None

  • Water Source

    Public

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Location

County

Lorain

Elementary School

Elyria CSD - 4706

Middle School

High School

Listing Courtesy of Tal Tamir , Russell Real Estate Services

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Agent Keith Vanke

AGENT

Keith Vanke

Call Keith today to schedule a private showing.

(330) 714-8738

Keith@VisionSalesTeam.com


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Three-unit cash-flowing investment property in Elyria currently bringing in $1,600/month with a proforma of $2,250. All leases are month-to-month with two of the units having 2-bed/1-bath and the front unit having 3-bed/1-bath. The rents collected per unit per month are: $550, $550 and $500 with a profroma of $750 per unit per month. The property comes with vinyl windows, three newer hot water tanks, updated electrical panels, 1 older furnace that runs just the front unit and the other two units have baseboard heat with tenants paying electric and gas. 1 unit has been updated with vinyl flooring, minor kitchen and bathroom updates, and modern paint scheme. Great property to add to your portfolio!

231 Oberlin Road

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