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Sold on 01/04/2023

256 George St, Elyria, OH 44035

$150,000

Last sold 01/04/2023 for $145K

  • 5

    bed

  • 3

    bath

  • 2,600

    Sqft ($56/Sqft)

Multi-family not for sale
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About 256 George St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 1,742 Sqft
Movoto estimate
Property description
Long term tenants. Tenants are on Month-to-Month and will stay with property. Rent has only been increased 1 time over the last 10 years. Lots of room to move in rent. Recent increases in rent have occurred for 2 units. As it stands CAP rate is above 11.6%. Updated Boiler this year. Can use some updates, but in great condition as it is for the long term tenants. Can be packaged together along with MLS#’s 4401985 and 4402006.
Listed by
Listing Agent - Vincent D Yurak
Listing Office - Genstone Realty LLC
Source: MLS Now mls logo
MLS#4401990 • last updated 3 years ago
Movoto checked MLS Now for data 4 minutes ago
Overview
Cooling/AC Window Unit(s)
MLS # 4401990
SqFt 2600
Status Closed
Lot Size (Acres) 0.04
Interior
Total # of Bathrooms 3
# Full Baths 3
# Bedrooms 5
Laundry In Unit
Exterior
Construction Vinyl Siding
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision W G Sharp Trustees Add
Elem School District Elyria CSD
Middle School District Elyria CSD
High School District Elyria CSD
Multifamily Details
Total # of Units 3
Net Operating Income 15657
Operating Expense 6808
Lot/ Land Details
$150K
Range: $124K-$175K
Last 30 days 
  • Jan 2023
    mls logo MLS # 4401990
  • Jan 4, 2023 Sold
    $145,000 (+7.4%)
  • Aug 21, 2022 Pending
    —
  • Aug 18, 2022 Listed
    $135,000
  • Year Property taxes Tax assessment
  • 2024
    $1,895
    $39,089
  • 256 George St
    $145K
  • —
  • 44035
    $289K +20% y/y
  • Elyria
    $281K +17% y/y
No chart available
Statistics calculated by Movoto

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5/10
Franklin Elementary School
public Grades PK, K-4
Elyria City Schools
6/10
Westwood Middle School
public Grades 5-8
Elyria City Schools
3/10
Elyria High School
public Grades 9-12
Elyria City Schools
Source: GreatSchools.org © 2026. All rights reserved.

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