38973 Butternut Ridge Road

    Elyria, OH 44035
    • $209,000
    • STATUS: Active
    • ON SITE: 323 days
    • MLS #: 4055708
    $209,000
    • 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 Howard Hanna 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 2019-10-22T00:09:02.343.
    www.clevelandhomefinder.com/homes/89796175

    38973 Butternut Ridge Road Elyria, OH 44035

    • Price: $209,000
    • Status: Active
    • 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 Parking Features AssignedOn SitePrivate Roof AsphaltFiberglass

    Interior Features

    Building Area Total 0 Heating Forced AirGas Heating YN Yes

    Property Features

    Insurance Expense 2028 Lease Considered YN No Listing Terms CashConventional Net Operating Income 21510 Owner Pays OtherTrash CollectionWater Property Sub Type Apartment Sewer Private Sewer Tax Annual Amount 3667 Tenant Pays Cable TvElectricityGas Township Carlisle Twp Trash Expense 3335 Water Sewer Expense 960 Water Source Public Year Built Details 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 Howard Hanna 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 2019-10-22T00:09:02.343.
     
    Howard Hanna
    8396 Mentor Ave.
    Mentor OH, 44060
    Listing courtesy of Keller Williams Grt Cleve Sw.
    Listing information © 2017 NEOHREX MLS.