508 Furnace Street, Elyria, OH 44035

$111,750
2
BD
1
BA

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List Price
$111,750
Status
ACTIVE
Style
Ranch
Stories
1
MLS#
5205304
Year Built
1950
Price Change
▼ $6,250 1786738322
Bedrooms
2
Bathrooms
1
Region
Elyria
Township
Elyria
Subdivision / Building
Mendelson

Property Description

Cash-flowing rental with established tenancy at 508 Furnace St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,200 per month on a month-to-month lease, providing immediate income. The tenant is responsible for all utilities, helping to keep operating expenses low and enhance overall returns. The home offers a functional layout with strong rental appeal and is positioned in an area with consistent demand. A dependable addition to a larger portfolio, this asset contributes steady cash flow within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Additional Information

Taxes
$1,011
Acres
0.11
Sewer
Other
Roof
Other
Water
Other
Garage Spaces
1
Heating
Other
Cooling
None
School District
Elyria CSD - 4706

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Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

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