Movoto Real Estate

228 Gates, Elyria, OH 44035

  • $126,500

  • 4

    bed

  • 2

    bath

  • 1,491

    Sqft ($85/Sqft)

Multi-family for sale 1 hour
Movoto is helping 33 homebuyers near you

About 228 Gates

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 3,485 Sqft
Property description
Great turn-key investment property! This duplex features 2 bedroom & 1 full bath on each unit. A large living room, remodeled kitchen & an updated full bathroom are found in each move in ready unit. The basement provides ample storage and has been recently waterproofed(2022). Newer Hot water tanks 2019 up & 2019 down; Sump pump(2022), Newer Furnaces 2021 up, 2017 down. New fridges in both units. Both units are occupied with wonderful tenants. The downstairs tenant is month to month paying $875 and upstairs tenant's lease expires on 12/31/2026 and they are paying $720. $1595 a month in rent, great cash flowing double Tenant pays all utilities except water and sewer! No showings until the offer is accepted. House has a slate roof but it's in a good condition. Great location close to shopping areas, downtown Elyria, Schools and much more! Call today!
Listed by
Listing Agent - George Vujadinovic
Listing Agent Contact: Home4u@georgesoldit.com, 440-502-9128
Listing Office - EXP Realty, LLC.
Source: MLS Now mls logo
MLS#5224523 • last updated 2 hours ago
Movoto checked MLS Now for data 4 minutes ago
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Overview
Cooling/AC Window Unit(s)
Levels/Style Two
MLS # 5224523
SqFt 1491
Status Active
Lot Size (Acres) 0.08
Property Tax 1465
Interior
Total # of Bathrooms 2
# Bedrooms 4
Laundry In Unit
Accessibility Features None
Exterior
Construction Vinyl Siding
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision Gates
Elem School District Elyria CSD - 4706
Middle School District Elyria CSD - 4706
High School District Elyria CSD - 4706
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Source: GreatSchools.org © 2026. All rights reserved.

Around Gates

Explore everything this neighborhood has to offer.
43/100
Walk
70/100
Family
42/100
Dining
79/100
Pet
  • Real Estate
  • OH
  • Lorain County
  • Elyria
  • 44035
  • 228 Gates

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