Deb Sgro
Visit my website at www.DebSgro.com
REALTOR®
BEDS3
BATHS2 full
SQUARE FEET2,112
MLS#5224263
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFaxon Sub
SCHOOLElyria City
Property Description
Welcome to 1318 Middle Ave in Elyria, a duplex full of potential and an excellent opportunity for investors or owner-occupants looking to build equity. With projected HUD Fair Market Rent exceeding $2,000 per month, this property offers strong income potential while leaving room for future appreciation. Many of the major improvements have already been completed, including a new roof in 2021, along with newer windows, a newer front porch, and some updated siding. Combined with recent fixture updates in the kitchen and bathroom, this property is truly turnkey and ready for its next owner. The first-floor unit offers one bedroom, while the second-floor unit features two bedrooms, including a finished third-floor dormer that provides additional living space and flexibility. Both the upstairs and downstairs refrigerators and stoves will convey with the sale. Separate gas and electric meters, along with separate water heaters for each unit, make utility management simple. Both units also have access to the basement, complete with laundry hookups. Whether you're looking for your next investment property, a house hack, or a duplex with solid bones and room to add value over time, 1318 Middle Ave offers the perfect combination of immediate cash flow, major capital improvements and future upside. Make your appointment today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.08 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $1,228 / year
Year Built: 1900
Feature Descriptions
Appliances: Range, Refrigerator
Days on Site: 2
Exterior: Aluminum Siding
Parcel#: 06-26-006-102-005
Parking: Shared Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Elyria City
Listed By / Shown By
Listed By
Agency Name: Hotdoors, LLC
Agency Contact: jeff@hotdoors.com, 440-227-6739
Shown By
Agent Name: Deb Sgro
Agent Phone: (330) 936-4227
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 596.81 per month $463.85 Principal & Interest $102.33 Property Tax $30.63 Homeowner's InsuranceChange Payment Information
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1318 Middle Avenue | MLS# 5224263
This multi-family property located at 1318 Middle Avenue, Elyria, OH 44035 is currently listed for sale with an asking price of $105,000. Middle Avenue is located within the Elyria City school district. Search Elyria real estate on dsgro.dehoff.com today.