NOT LISTED FOR SALE

111 4th St Elyria, OH 44035

4 Beds
3 Baths
1,559 Sq Ft
3,920 Sq Ft Lot

Last Sold January 04, 2023

Last sale price $100,000 $64 Per Sq Ft

70 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Southwest Facing Home

About This Home

As of January 2023

This three unit property has great potential to increase current rent rates. Tenants are on Month-to-Month and will stay with property. New Roof and Steps completed this past year. New Heater in one of the units. Rent has not been increased in 10 years on some. Long term tenants in all units. As the rents currently stand the CAP is greater than 10%. Can always use some updates, priced accordingly. This property can be combined with any or all of these other listings: MLS# 4401990 and 4402006

Last Agent to Sell the Property

Vincent Yurak

YUR Better Homes LLC License #2021006727 Listed on: 08/18/2022

Last Buyer's Agent

jeremy rodriguez

D.A.R.E License #2025001934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Southwest Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,559 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, water
  • The owner pays for gas, sewer, water
  • Assessor Parcel Number 06-25-099-000-010

Community Details

Overview

  • 3 Units
  • East/Black River Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,572

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: Southwest
  • Price Per Square Foot: 64.14
  • Estimated Price per Sq Ft: 64.14
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1559
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Common, Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1559.00
  • Sq Ft Approx Total Finished: 1559.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: East/Black River

Fee Information

  • Op Expenses: 3523.00

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 06-25-099-000-010

Rental Info

  • Owner Pays: Gas, Sewer, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Water

Multi Family

  • Unit Count: 3
  • Gross Income: 14340.00
  • Net Income: 9245.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1572

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2023 01/04/23 Sold $100,000 +5.3% $64 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $95,000 0.0% $61 / Sq Ft
10/21/2022 10/21/22 For Sale $95,000 +5.6% $61 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $90,000 -- $58 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4401985

MLS Now

APN: 06-25-099-000-010