38973 Butternut Ridge Rd

    Elyria, OH 44035
    • $225,000
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 4055708
    UPDATED: 195 min ago
    $225,000
    • 0
      BEDS
    • 2.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1949
    County:

    School Ratings & Info

    Listing courtesy of Keller Williams Grt Cleve Sw.
    Listing information © 2017 NEOHREX MLS.

    Description

    You will not want to miss out on this fully occupied investment opportunity, to include a 4 bedroom house and 4 cottages in the Midview School System. The 4 bedroom home is occupied by a long term tenant at $825/month and the 4 cottages rents are $500-$525/month and sit on approximately 2 acres. While the home was built in 1949 all of the cottages were rebuilt approximately 15 years ago. All units are metered separately and tenants pay gas and electric. Owners expenses included taxes, insurance, refuse, city water and maintenance on the water filtration system which acts like a septic system.

    Monthly Payment Calculator

    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Valley Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-03-24T00:07:32.953.
    www.teamgosney.com/homes/89796175

    38973 Butternut Ridge Rd Elyria, OH 44035

    • Price: $225,000
    • Status: Active
    • Updated: 195 min ago
    • MLS #: 4055708
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.27
    Acres
    1949
    Built
    Neighborhood:
    Carlisle Sec 06
    County:
    Lorain
    Area:
    Elyria (Elyria Township, Carlisle Township)
    Property Description
    You will not want to miss out on this fully occupied investment opportunity, to include a 4 bedroom house and 4 cottages in the Midview School System. The 4 bedroom home is occupied by a long term tenant at $825/month and the 4 cottages rents are $500-$525/month and sit on approximately 2 acres. While the home was built in 1949 all of the cottages were rebuilt approximately 15 years ago. All units are metered separately and tenants pay gas and electric. Owners expenses included taxes, insurance, refuse, city water and maintenance on the water filtration system which acts like a septic system.
    Exterior Features

    Parking AssignedOn Site/Private Roof Asphalt/Fiberglass

    Interior Features

    Heating Fuel Gas Heating Type Forced Air Total Apartments 5 Units1 Bedroom 4 Units3 Plus Bedroom 1

    Property Features

    Annual Taxes 3667 Apartments Type Apartments Only Assessments No Association Akron Cleveland Association Of Realtorsã‚® Auction No Available Financing CashConventional Basement Yes Commercial Type Apartment Cost Other Electric 1200 Gross Rent 2895 Gross Rent Total 2895 Heat 240 Homestead Exemption No Insurance 2028 Natural Resource Rights None Net Income 21510.00 Other Income 0 Owner Pays OtherTrash CollectionWater Sewer Water 960 Short Sale No Tenant Pays Cable/Electric LinkElectricGas Total Annual Expense 13320 Township Carlisle Twp Transaction Type For Sale Trash Rubbish 3335 Water Sewer Public WaterPrivate Sewer Year Built Exception Actual Ybt

    Listing information © 2019 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Keller Williams Grt Cleve Sw.
    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Valley Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-03-24T00:07:32.953.
     
    RE/MAX Valley Real Estate
    1040 S. Commons Pl. Suite 102
    Youngstown OH, 44514
    Listing courtesy of Keller Williams Grt Cleve Sw.
    Listing information © 2017 NEOHREX MLS.