409 Gulf Road, Elyria, OH 44035
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:dawn m balog
Office:russell real estate services
MLS#:5134985
Source:OH_NORMLS
Price summary
- Price:$145,000
- Price per sq. ft.:$79.5
About this home
Great investment opportunity or live in one unit and let the tenant pay a portion of the mortgage. 2 family unit w/ 2 bedroom & 1 bath in each. Upper unit offers rear balcony. Both units mirror images of one another with 15 x 10 living room w/ hardwood flooring, 14 x 11 eat- in kitchen w/ vinyl flooring & stove, 1st bedroom measures 15 x 13 & 2nd bedroom measures 15 x 14 both w/ hardwood flooring for easy maintenance. Updated in past 10 years includes electrical & windows; one hot water tank replaced 2019, bathroom updates and roof & gutters 2023 w/25 year shingles. Spacious lot for additional parking. Conveniently located near schools, stores, restaurants, and easy access to all highways. Price reflects Basement needing work and furnaces are original, but still operable. List price is below recent assessed tax value. Lower unit is currently occupied and on a month to month agreement and may wish to stay, if option is there. Upstairs unit is vacant and ready for showings. Each unit has its own separate entrance to basement and residence. Current tenant takes care of lawn. Front porch accessed from lower unit. Conveniently located near highways, schools, shopping, restaurants, etc. Why pay rent when you can own and still bring in an income?
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Home facts
- Year built:1900
- Listing Id #:5134985
- Added:49 day(s) ago
- Updated:August 16, 2025 at 07:12 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,824 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:1,824 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$145,000
- Price per sq. ft.:$79.5
- Tax amount:$2,731 (2024)
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