East Ave

4 Bedroom Real Estate has been listed for sale at 1120 East Ave in Elyria for $170,000. Chat with a local expert, book a tour.

Elyria

Black River

1120 East Ave

1120 East Ave, For Sale in Elyria - eXp Commercial Brokerage

Excellent turnkey investment opportunity! This fully leased triplex offers strong, consistent rental income with all three units occupied through next year. The bottom unit includes exclusive access to on-site laundry, providing added convenience for the tenant. The middle unit has been recently upgraded with brand-new flooring, new kitchen cabinets, and a new refrigerator. The top unit also features new flooring, along with a newer refrigerator and a recently installed water heater. With solid updates, low maintenance, and reliable tenants already in place, this property is perfect for investors looking for immediate cash flow. Contact us for rental details, expenses, and to schedule a showing.

Great opportunity to own this charming 3-unit home overlooking the Black River! Currently fully occupied and bringing in $650, $550, and $525/ month. The owner currently pays water/sewer/trash and tenants pay for gas and electricity. Lower unit #1 features 2 bedrooms, a full bath and is very spacious with high ceilings and wide hallways. Large kitchen, tile & grout floors and hardwood floors throughout this unit. Access to the basement is through this unit. Upper unit #2 has 1 bedroom off of the living room, a roomy kitchen with a full bath behind it, high ceilings and tile & grout, and hardwood floors throughout. Upper unit #3 can be seen after an accepted offer. The exterior façade could use a little cleaning up, however, the sides and back are in good condition. Ample gravel parking spaces for all tenants behind the house, which overlooks the Black River. The full basement below provides good storage space and 1 washer/dryer hook-up. Updates include: New electric panels, all new windows, updated plumbing, 3 new furnaces, and 3 new hot water tanks.

1120 East Ave, Elyria, OH

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