Welcome to 1318 Middle Ave in Elyria, a duplex full of potential and an excellent opportunity for investors or owner-occupants looking to build equity. With projected HUD Fair Market Rent exceeding $2,000 per month, this property offers strong income potential while leaving room for future appreciation. Many of the major improvements have already been completed, including a new roof in 2021, along with newer windows, a newer front porch, and some updated siding. Combined with recent fixture updates in the kitchen and bathroom, this property is truly turnkey and ready for its next owner. The first-floor unit offers one bedroom, while the second-floor unit features two bedrooms, including a finished third-floor dormer that provides additional living space and flexibility. Both the upstairs and downstairs refrigerators and stoves will convey with the sale. Separate gas and electric meters, along with separate water heaters for each unit, make utility management simple. Both units also have access to the basement, complete with laundry hookups. Whether you're looking for your next investment property, a house hack, or a duplex with solid bones and room to add value over time, 1318 Middle Ave offers the perfect combination of immediate cash flow, major capital improvements and future upside. Make your appointment today!
8 days
|
874
|
58
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jeffrey McManamon440-227-6739jeff@hotdoors.com,
Hotdoors, LLC
Source: MLS Now,MLS#: 5224263Originating MLS: Medina County Board of REALTORS
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.