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$105,000
Est. payment /mo
2 Beds
1 Bath
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Mendelson
MLS Listing ID 5205304
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,011
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
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.
Location
State OH
County Lorain
Rooms
Main Level Bedrooms 2
Interior
Heating Other
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Other
Roof Type Other
Private Pool No
Building
Sewer Other
Water Other
Architectural Style Ranch
Level or Stories One
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-24-052-104-009
Special Listing Condition Standard
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Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
Nearby Locations
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