NOT LISTED FOR SALE

225 Gates Ave Elyria, OH 44035

3 Beds
2 Baths
1,662 Sq Ft
3,485 Sq Ft Lot

Last Sold June 23, 2023

Last sale price $60,000 $36 Per Sq Ft

42 Days on Market

Highlights

  • Forced Air Heating System
  • South Facing Home
  • Partially Fenced Property

About This Home

As of June 2023

Come and see this fully occupied up/down duplex in Elyria!! If you want to invest in real estate, this duplex is a great one to start with or it could also be a good addition to your portfolio. The lower unit has been recently occupied. The upstairs tenant has been living there for over two years. Both the upstairs and the downstairs tenants would love to continue their leases with the future owner. Don't miss out on this great money-making opportunity!

Last Agent to Sell the Property

Billy Swanzer

The Swanzer Agency License #2016000872 Listed on: 03/29/2023

Last Buyer's Agent

Shawn Schafer

Berkshire Hathaway HomeServices Stouffer Realty License #2021008954

Berkshire Hathaway HomeServices Stouffer Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • South Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,662 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 2 Units
  • N B Gates Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for water
  • Assessor Parcel Number 06-26-019-101-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$917

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: South
  • Price Per Square Foot: 36.10
  • Estimated Price per Sq Ft: 36.10
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1662
  • Year Built: 1900
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1662.00
  • Sq Ft Approx Total Finished: 1662.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Chain Link, Partial, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: N B Gates

Fee Information

  • Op Expenses: 250.00

Schools

  • School District: Elyria CSD
  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0800
  • Parcel Number: 06-26-019-101-035

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 930.00
  • Net Income: 680.00
  • Num Of Buildings: 2
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 917

Range of Values:

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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 Change Sq Ft Price
06/23/2023 06/23/23 Sold $60,000 -14.2% $36 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $69,900 -- $42 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Billy Swanzer

    Seller's Agent in 2023

    Billy Swanzer

    The Swanzer Agency

    (440) 258-8209

    8 in this area

    94 Total Sales

    Billy Swanzer
    Section Image
  • Shawn Schafer

    Buyer's Agent in 2023

    Shawn Schafer

    BHHS Northwood

    (330) 310-9323

    1 in this area

    40 Total Sales

    Shawn Schafer
    Section Image
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Map

Source: MLS Now

MLS Number: 4447335

MLS Now

APN: 06-26-019-101-035

Ohio Lorain County Elyria 44035

225 Gates Ave, Elyria, OH

This home is located at 225 Gates Ave, Elyria, OH 44035 since 29 March 2023. This property was built in 1900. 225 Gates Ave is a home located in Lorain County with nearby schools including Westwood Middle School, Elyria High School, and Constellation Schools: Elyria Community Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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